79 Hobart LnLa FayetteGA30728
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 La Fayette at 79 Hobart Ln, La Fayette, GA, 30728 generates $1,746/mo in rent and, after a $1,101/mo payment, leaves $377/mo in cash flow. Total monthly income is $1,746/mo, and annual cash flow is $4,524/yr on $74,554 invested. Return on cash invested sits at 25.98% in year one, and rental yield is 9.32% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 135.24% and total cumulative return in cash sums $100,825. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,746/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30728, La Fayette, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,319 (100%) |
| Owner Occupied HU | 5,348 (64.3%) |
| Renter Occupied HU | 2,074 (24.9%) |
| Vacant Housing Units | 897 (10.8%) |
| Median Home Value | $195,833 |
| Average Home Value | $218,043 |
Housing Distribution
Address Breakdown
Residential
7,906
Single Family
7,801
Multi-Family
105
Businesses
577
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Listed by: David W Shipley • RE/MAX Properties
Mls Name: Greater Chattanooga Realtors
Mls ID: #1522055