56 Lakeshore DrMonticelloGA31064
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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 Monticello at 56 Lakeshore Dr, Monticello, GA, 31064 with 5% annual appreciation on a $404,700 basis while $1,658/mo rent supports operations. 71% in year one. Equity gained on principal adds $2,611/yr, and five-year appreciation sums $111,811 alongside rental yield of 4.92%. Five-year ROI measures 64.08% and total cumulative return in cash totals $85,971. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,658/mo property income versus a $1,981/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31064, Monticello, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,690 (100%) |
| Owner Occupied HU | 3,347 (71.4%) |
| Renter Occupied HU | 738 (15.7%) |
| Vacant Housing Units | 605 (12.9%) |
| Median Home Value | $265,837 |
| Average Home Value | $298,068 |
Housing Distribution
Address Breakdown
Residential
4,374
Single Family
4,364
Multi-Family
10
Businesses
283
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Listed by: N/A • N/A
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