70 Deer Ridge LnRock SpringGA30739
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 Rock Spring at 70 Deer Ridge Ln, Rock Spring, GA, 30739 priced at $315,000 pairs $2,000/mo rent with $83/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,000/mo, and annual cash flow comes to $991/yr on $104,423 invested. Return on cash invested is 20.86% in year one, and rental yield stands at 7.62% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 107.8% and total cumulative return in cash reaches $112,565. For financing, Ziffy Mortgage’s DSCR program evaluates $2,000/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
8,276 sqft 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: Wade Trammell • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1521082