686 Ginger Lake DrRock SpringGA30739
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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
Investment property for sale in Rock Spring at 686 Ginger Lake Dr, Rock Spring, GA, 30739 uses $143,142 cash to close to unlock $9,077/yr annual cash flow and $756/mo monthly cash flow. Total monthly income runs $3,384/mo, and a $2,113/mo payment keeps the spread at $756/mo. Purchase price stands at $431,800, and rental yield measures 9.4% with $3,384/mo rent. Return on cash invested shows 26.25% in year one, and 5% annual appreciation builds toward $119,298 over five years. Five-year ROI reaches 136.72% and total cumulative return in cash records $195,700. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,384/mo property income covering a $2,113/mo payment rather than investor’s personal income.
Single Family
Built in 2019
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30739, Rock Spring, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,371 (100%) |
| Owner Occupied HU | 1,837 (77.5%) |
| Renter Occupied HU | 387 (16.3%) |
| Vacant Housing Units | 147 ( 6.2%) |
| Median Home Value | $280,405 |
| Average Home Value | $295,860 |
Housing Distribution
Address Breakdown
Residential
2,254
Single Family
2,254
Multi-Family
0
Businesses
153
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Listed by: Agnes L Hellmann • Crye-Leike, REALTORS
Mls Name: Greater Chattanooga Realtors
Mls ID: #1398613