682 Lakeside CirCorneliaGA30531
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 Cornelia at 682 Lakeside Cir, Cornelia, GA, 30531 priced at $189,900 pairs $1,445/mo rent with $290/mo cash flow after a $929/mo payment. Total monthly income equals $1,445/mo, and annual cash flow comes to $3,476/yr on $62,952 invested. Return on cash invested is 25.43% in year one, and rental yield stands at 9.13% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 132.34% and total cumulative return in cash reaches $83,309. For financing, Ziffy Mortgage’s DSCR program evaluates $1,445/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1990
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30531, Cornelia, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,866 (100%) |
| Owner Occupied HU | 2,884 (59.3%) |
| Renter Occupied HU | 1,495 (30.7%) |
| Vacant Housing Units | 487 (10.0%) |
| Median Home Value | $245,546 |
| Average Home Value | $290,388 |
Housing Distribution
Address Breakdown
Residential
4,760
Single Family
4,585
Multi-Family
175
Businesses
616
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