88 Harrell AveLenoxGA31637
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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 Lenox at 88 Harrell Ave, Lenox, GA, 31637 offers a 10.6% rental yield on a $143,500 purchase with $1,267/mo rent. Total monthly income registers $1,267/mo, and a $702/mo payment leaves $394/mo available for distribution. Annual cash flow reaches $4,728/yr on $47,570 to close, and return on cash invested stands at 29.85% in year one. Equity gained on principal adds $926/yr while 5% annual appreciation supports $39,646 over five years. Portfolio math shows five-year ROI at 155.98% and total cumulative return in cash at $74,201. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,267/mo property income against a $702/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31637, Lenox, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 813 (67.3%) |
| Renter Occupied HU | 241 (20.0%) |
| Vacant Housing Units | 154 (12.7%) |
| Median Home Value | $117,799 |
| Average Home Value | $196,704 |
Housing Distribution
Address Breakdown
Residential
1,110
Single Family
1,110
Multi-Family
0
Businesses
58
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