8 Breakwater Ln #20RinggoldGA30736
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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 Ringgold at 8 Breakwater Ln #20, Ringgold, GA, 30736 offers a 15.37% rental yield on a $275,000 purchase with $3,523/mo rent. Total monthly income registers $3,523/mo, and a $1,346/mo payment leaves $1,749/mo available for distribution. Annual cash flow reaches $20,991/yr on $91,163 to close, and return on cash invested stands at 42.94% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 226.7% and total cumulative return in cash at $206,663. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,523/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
1,742 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30736, Ringgold, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,097 (100%) |
| Owner Occupied HU | 13,898 (76.8%) |
| Renter Occupied HU | 3,217 (17.8%) |
| Vacant Housing Units | 982 ( 5.4%) |
| Median Home Value | $295,727 |
| Average Home Value | $346,943 |
Housing Distribution
Address Breakdown
Residential
17,352
Single Family
17,351
Multi-Family
1
Businesses
1,086
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Listed by: Linda E Lee • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1394915
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