707 Leeds DrEvansGA30809
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 Evans at 707 Leeds Dr, Evans, GA, 30809 priced at $350,000 converts $3,725/mo rent into $1,595/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,725/mo, and annual cash flow totals $19,139/yr on $116,025 invested. Return on cash invested prints 36.4% in year one, and rental yield reads 12.77% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 191.15% and total cumulative return in cash sums $221,786. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,725/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2000
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30809, Evans, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,572 (100%) |
| Owner Occupied HU | 16,095 (78.2%) |
| Renter Occupied HU | 3,475 (16.9%) |
| Vacant Housing Units | 1,002 ( 4.9%) |
| Median Home Value | $383,815 |
| Average Home Value | $409,900 |
Housing Distribution
Address Breakdown
Residential
19,780
Single Family
18,665
Multi-Family
1,115
Businesses
1,562
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Listed by: Jonathan Minerick • Homecoin.com
Mls Name: GAMLS
Mls Provider:
Mls ID: #20150465
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.