603 Lakewood DrSocial CircleGA30025
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 Social Circle at 603 Lakewood Dr, Social Circle, GA, 30025 priced at $450,000 pairs $3,488/mo rent with $602/mo cash flow after a $2,203/mo payment. Total monthly income equals $3,488/mo, and annual cash flow comes to $7,225/yr on $149,175 invested. Return on cash invested is 24.75% in year one, and rental yield stands at 9.3% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 129.13% and total cumulative return in cash reaches $192,630. For financing, Ziffy Mortgage’s DSCR program evaluates $3,488/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30025, Social Circle, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,137 (100%) |
| Owner Occupied HU | 3,121 (75.4%) |
| Renter Occupied HU | 785 (19.0%) |
| Vacant Housing Units | 231 ( 5.6%) |
| Median Home Value | $358,725 |
| Average Home Value | $393,196 |
Housing Distribution
Address Breakdown
Residential
3,788
Single Family
3,703
Multi-Family
85
Businesses
300
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Listed by: Emily Brooks • Keller Williams Greater Athens
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1027698
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.