550 Lake DrHapevilleGA30354
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
Investment property for sale in Hapeville at 550 Lake Dr, Hapeville, GA, 30354 listed at $180,900 pairs $1,394/mo rent with a $885/mo payment to leave $293/mo cash flow. Total monthly income runs $1,394/mo, and annual cash flow reaches $3,521/yr on $59,968 cash to close. Return on cash invested measures 25.78% in year one, and rental yield registers 9.25% at a $180,900 basis. Equity gained on principal adds $1,167/yr, and annual property appreciation at 5% supports $49,979 by year five. Five-year ROI tracks 134.25% and total cumulative return in cash totals $80,507. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,394/mo property income relative to a $885/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30354, Atlanta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,007 (100%) |
| Owner Occupied HU | 2,702 (33.7%) |
| Renter Occupied HU | 4,413 (55.1%) |
| Vacant Housing Units | 892 (11.1%) |
| Median Home Value | $238,776 |
| Average Home Value | $283,440 |
Housing Distribution
Address Breakdown
Residential
7,229
Single Family
6,069
Multi-Family
1,160
Businesses
855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices