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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in La Fayette at 487 Ridge Rd, La Fayette, GA, 30728 at $365,000 posts ROI 23.94% with $406/mo cash flow from $2,627/mo rent. Total monthly income equals $2,627/mo, and annual cash flow records $4,872/yr on $120,998 to close. Return on cash invested measures 23.94% and rental yield reads 8.64% at the current $365,000. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 by year five. Five-year ROI prints 124.34% and total cumulative return in cash totals $150,451.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,627/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
8.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30728, La Fayette, GA area.
| 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 |
Residential
7,906
Single Family
7,801
Multi-Family
105
Businesses
577
Date | Event | Price |
|---|---|---|
| 2025-06-04 | Listed for sale | $365,000 |
| 2023-04-28 | Sold | $300,000 |
| 2023-02-19 | Pending sale | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-05 | $2164.80 | 11.42% | $97,226 | 21.93% |
| 2022-06-05 | $1942.99 | 22.97% | $79,737 | 37.21% |
| 2021-06-05 | $1580.06 | 16.61% | $58,113 | 22.00% |
Listed by: Gregory Depasquale • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1514118
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2025 by Chattanooga Association of REALTORS
