508 McFarland RdLookout MountainGA30750
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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
Rental property for sale in Lookout Mountain at 508 McFarland Rd, Lookout Mountain, GA, 30750 offers $2,110/mo rent that, after a $3,728/mo payment. Total monthly income is $2,110/mo. Return on cash invested measures 7.97% in year one, and rental yield stands at 3.32% at a $761,750 entry. Equity gained on principal adds $4,915/yr while 5% annual appreciation compounds into $210,457 by year five. Five-year ROI records 38.64% and total cumulative return in cash reaches $96,827. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,110/mo property income versus a $3,728/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30750, Lookout Mountain, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,476 (100%) |
| Owner Occupied HU | 1,113 (75.4%) |
| Renter Occupied HU | 226 (15.3%) |
| Vacant Housing Units | 137 ( 9.3%) |
| Median Home Value | $401,534 |
| Average Home Value | $509,591 |
Housing Distribution
Address Breakdown
Residential
1,438
Single Family
1,415
Multi-Family
23
Businesses
27
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Listed by: N/A • N/A
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