5615 School House Pond RdLake ParkGA31636
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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
Rental property for sale in Lake Park at 5615 School House Pond Rd, Lake Park, GA, 31636 priced at $438,900 converts $3,130/mo rent into $459/mo cash flow after a $2,148/mo obligation. Total monthly income equals $3,130/mo, and annual cash flow totals $5,508/yr on $145,495 invested. Return on cash invested prints 23.69% in year one, and rental yield reads 8.56% against a $438,900 entry. Equity gained on principal adds $2,832/yr, while 5% annual appreciation compiles into $121,260 by year five. Five-year ROI reaches 123% and total cumulative return in cash sums $178,957. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,130/mo property income covering a $2,148/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31636, Lake Park, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,837 (100%) |
| Owner Occupied HU | 2,882 (59.6%) |
| Renter Occupied HU | 1,343 (27.8%) |
| Vacant Housing Units | 612 (12.7%) |
| Median Home Value | $256,798 |
| Average Home Value | $294,978 |
Housing Distribution
Address Breakdown
Residential
4,320
Single Family
4,144
Multi-Family
176
Businesses
275
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