8553 Lake Forrest DrDouglasvilleGA30134
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
Investment property for sale in Douglasville at 8553 Lake Forrest Dr, Douglasville, GA, 30134 offers a 2.18% rental yield on a $1,150,000 purchase with $2,086/mo rent. 55% in year one. Equity gained on principal adds $7,421/yr while 5% annual appreciation supports $317,724 over five years. Portfolio math shows five-year ROI at 20.22% and total cumulative return in cash at $75,357. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,086/mo property income against a $5,629/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30134, Douglasville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,081 (100%) |
| Owner Occupied HU | 10,840 (63.5%) |
| Renter Occupied HU | 5,445 (31.9%) |
| Vacant Housing Units | 796 ( 4.7%) |
| Median Home Value | $291,284 |
| Average Home Value | $309,554 |
Housing Distribution
Address Breakdown
Residential
17,088
Single Family
15,625
Multi-Family
1,463
Businesses
1,129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robin Anderson • Keller Williams Realty Cityside
Mls Name: FMLS GA
Mls ID: #7670467