84 Elaine CirFort OglethorpeGA30742
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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 Fort Oglethorpe at 84 Elaine Cir, Fort Oglethorpe, GA, 30742 priced at $249,000 converts $1,805/mo rent into $289/mo cash flow after a $1,219/mo obligation. Total monthly income equals $1,805/mo, and annual cash flow totals $3,471/yr on $82,544 invested. Return on cash invested prints 24.11% in year one, and rental yield reads 8.7% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 125.3% and total cumulative return in cash sums $103,424. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,805/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Single Family
Built in 1966
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30742, Fort Oglethorpe, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,707 (100%) |
| Owner Occupied HU | 1,750 (47.2%) |
| Renter Occupied HU | 1,658 (44.7%) |
| Vacant Housing Units | 299 ( 8.1%) |
| Median Home Value | $205,072 |
| Average Home Value | $243,056 |
Housing Distribution
Address Breakdown
Residential
3,402
Single Family
3,012
Multi-Family
390
Businesses
619
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Listed by: Thuc Cao • Crye-Leike, REALTORS
Mls Name: Greater Chattanooga Realtors
Mls ID: #1518875