6411 Narramore WayLulaGA30554
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6411 Narramore Way, Lula, GA, 30554 in Lula speaks for itself: 12.69% gross on a $179,999 price, generating $1,904/mo in rent and $808/mo in net income after the $809/mo debt service. DSCR 2.35, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,702 stacks alongside $49,730 in projected five-year appreciation and $1,658/yr in principal reduction. Projected total cumulative return: $120,259.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 8.0% |
| Monthly Cash Flow | $808 | $1,500 |
City averages based on Lula market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,904 |
| Total Monthly Debt Service | $1,024 |
| DSCR Ratio | 1.86x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30554, Lula, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,527 (100%) |
| Owner Occupied HU | 2,713 (76.9%) |
| Renter Occupied HU | 602 (17.1%) |
| Vacant Housing Units | 212 ( 6.0%) |
| Median Home Value | $379,301 |
| Average Home Value | $443,298 |
Housing Distribution
Address Breakdown
Residential
3,231
Single Family
3,231
Multi-Family
0
Businesses
140
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
Single Family
Built in 1996
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30554, Lula, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,527 (100%) |
| Owner Occupied HU | 2,713 (76.9%) |
| Renter Occupied HU | 602 (17.1%) |
| Vacant Housing Units | 212 ( 6.0%) |
| Median Home Value | $379,301 |
| Average Home Value | $443,298 |
Housing Distribution
Address Breakdown
Residential
3,231
Single Family
3,231
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices