59 Owens DrClevelandGA30528
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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
Rental property for sale in Cleveland at 59 Owens Dr, Cleveland, GA, 30528 offers $2,927/mo rent that, after a $1,904/mo payment, leaves $559/mo cash flow. Total monthly income is $2,927/mo, and annual cash flow is $6,713/yr on $128,954 cash. Return on cash invested measures 25.11% in year one, and rental yield stands at 9.03% at a $389,000 entry. Equity gained on principal adds $2,510/yr while 5% annual appreciation compounds into $107,474 by year five. Five-year ROI records 130.63% and total cumulative return in cash reaches $168,450. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,927/mo property income versus a $1,904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
2.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30528, Cleveland, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,778 (100%) |
| Owner Occupied HU | 7,249 (67.3%) |
| Renter Occupied HU | 2,150 (19.9%) |
| Vacant Housing Units | 1,379 (12.8%) |
| Median Home Value | $316,813 |
| Average Home Value | $354,759 |
Housing Distribution
Address Breakdown
Residential
9,869
Single Family
9,726
Multi-Family
143
Businesses
935
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Listed by: Sam Williamson • Williamson Bros. Realty & Auction
Mls Name: Hive MLS
Mls ID: #CM1015336
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.