813 Lakeshore DrBerkeley LakeGA30096
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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
Rental property for sale in Berkeley Lake at 813 Lakeshore Dr, Berkeley Lake, GA, 30096 priced at $640,000 converts $4,284/mo rent into $389/mo cash flow after a $3,132/mo obligation. Total monthly income equals $4,284/mo, and annual cash flow totals $4,672/yr on $210,560 invested. Return on cash invested prints 22.28% in year one, and rental yield reads 8.03% against a $640,000 entry. Equity gained on principal adds $4,130/yr, while 5% annual appreciation compiles into $176,820 by year five. Five-year ROI reaches 115.39% and total cumulative return in cash sums $242,970. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,284/mo property income covering a $3,132/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30096, Duluth, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,864 (100%) |
| Owner Occupied HU | 12,293 (41.2%) |
| Renter Occupied HU | 15,916 (53.3%) |
| Vacant Housing Units | 1,655 ( 5.5%) |
| Median Home Value | $397,770 |
| Average Home Value | $442,968 |
Housing Distribution
Address Breakdown
Residential
28,517
Single Family
16,853
Multi-Family
11,664
Businesses
3,554
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Listed by: Elizabeth Henriquez • Keller Williams Realty Metro Atlanta
Mls Name: FMLS GA
Mls ID: #7651512