474 Lake Howard RdLa FayetteGA30728
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in La Fayette at 474 Lake Howard Rd, La Fayette, GA, 30728 priced at $309,900 pairs $2,204/mo rent with $318/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,204/mo, and annual cash flow comes to $3,812/yr on $102,732 invested. Return on cash invested is 23.62% in year one, and rental yield stands at 8.53% on a $309,900 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,620 by year five. Five-year ROI measures 122.61% and total cumulative return in cash reaches $125,964. For financing, Ziffy Mortgage’s DSCR program evaluates $2,204/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30728, La Fayette, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,319 (100%) |
| Owner Occupied HU | 5,348 (64.3%) |
| Renter Occupied HU | 2,074 (24.9%) |
| Vacant Housing Units | 897 (10.8%) |
| Median Home Value | $195,833 |
| Average Home Value | $218,043 |
Housing Distribution
Address Breakdown
Residential
7,906
Single Family
7,801
Multi-Family
105
Businesses
577
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Nearby investment properties with comparable prices
Listed by: Jason Maples • Grinnell Realty LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1517374