506 Condra RdRinggoldGA30736
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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
Investment property for sale in Ringgold at 506 Condra Rd, Ringgold, GA, 30736 with 5% annual appreciation on a $349,000 basis while $2,477/mo rent supports operations. Total monthly income totals $2,477/mo and a $1,708/mo payment preserves $353/mo for cash returns. Annual cash flow comes to $4,237/yr on $115,694 deployed, and return on cash invested reaches 23.57% in year one. Equity gained on principal adds $2,252/yr, and five-year appreciation sums $96,422 alongside rental yield of 8.52%. Five-year ROI measures 122.37% and total cumulative return in cash totals $141,576.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,477/mo property income versus a $1,708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30736, Ringgold, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,097 (100%) |
| Owner Occupied HU | 13,898 (76.8%) |
| Renter Occupied HU | 3,217 (17.8%) |
| Vacant Housing Units | 982 ( 5.4%) |
| Median Home Value | $295,727 |
| Average Home Value | $346,943 |
Housing Distribution
Address Breakdown
Residential
17,352
Single Family
17,351
Multi-Family
1
Businesses
1,086
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