5638 Waterford CtLake CityGA30260
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
Rental property for sale in Lake City at 5638 Waterford Ct, Lake City, GA, 30260 priced at $169,900 pairs $1,303/mo rent with $255/mo cash flow after a $832/mo payment. Total monthly income equals $1,303/mo, and annual cash flow comes to $3,056/yr on $56,322 invested. Return on cash invested is 25.33% in year one, and rental yield stands at 9.2% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 131.95% and total cumulative return in cash reaches $74,318. For financing, Ziffy Mortgage’s DSCR program evaluates $1,303/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1988
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30260, Morrow, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,745 (100%) |
| Owner Occupied HU | 4,749 (40.4%) |
| Renter Occupied HU | 5,964 (50.8%) |
| Vacant Housing Units | 1,032 ( 8.8%) |
| Median Home Value | $229,542 |
| Average Home Value | $261,335 |
Housing Distribution
Address Breakdown
Residential
9,613
Single Family
7,843
Multi-Family
1,770
Businesses
1,190
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Listed by: Deborah Blue • Keller Wms Re Atl Midtown
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7487370
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