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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 5365 Highway 337, La Fayette, GA, 30728 offers a 6.59% rental yield on a $309,000 purchase with $1,698/mo rent. 77% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 91.25% and total cumulative return in cash at $93,473. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,698/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
5.01 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 |
|---|---|---|
| 2024-08-26 | Listed for sale | $309,000 |
| 2024-08-19 | Contingent | $323,000 |
| 2024-08-12 | Price change | $323,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-14 | $1912.20 | 25.66% | $77,746 | 41.23% |
| 2021-10-14 | $1521.78 | 16.49% | $55,051 | 22.41% |
| 2020-10-14 | $1306.34 | 0.81% | $44,971 | N/A |
Listed by: Tricia Peddicord • Lookout Real Estate LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1396416
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 2024 by Chattanooga Association of REALTORS
