680 W Highway 37LakelandGA31635
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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 Lakeland at 680 W Highway 37, Lakeland, GA, 31635 generates $1,490/mo in rent and, after a $925/mo payment, leaves $340/mo in cash flow. Total monthly income is $1,490/mo, and annual cash flow is $4,077/yr on $62,654 invested. Return on cash invested sits at 26.42% in year one, and rental yield is 9.46% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 137.61% and total cumulative return in cash sums $86,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,490/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31635, Lakeland, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,841 (100%) |
| Owner Occupied HU | 1,651 (58.1%) |
| Renter Occupied HU | 837 (29.5%) |
| Vacant Housing Units | 353 (12.4%) |
| Median Home Value | $177,265 |
| Average Home Value | $206,024 |
Housing Distribution
Address Breakdown
Residential
2,481
Single Family
2,423
Multi-Family
58
Businesses
220
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