89 Hicks LnLa FayetteGA30739
INVESTMENT ANALYSIS
Investment Verdict
Solid Income89 Hicks Ln, La Fayette, GA, 30739 in La Fayette is a solid income-producing rental, 9.15% gross yield, $3,240/mo rent, $653/mo net cash flow on a $425,000 buy. DSCR 1.70 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $117,420 and $3,914/yr in principal reduction project a total cumulative return of $203,027.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $653 | $300 |
City averages based on La Fayette market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,240 |
| Total Monthly Debt Service | $2,418 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2018
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30739, Rock Spring, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,371 (100%) |
| Owner Occupied HU | 1,837 (77.5%) |
| Renter Occupied HU | 387 (16.3%) |
| Vacant Housing Units | 147 ( 6.2%) |
| Median Home Value | $280,405 |
| Average Home Value | $295,860 |
Housing Distribution
Address Breakdown
Residential
2,254
Single Family
2,254
Multi-Family
0
Businesses
153
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
Single Family
Built in 2018
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30739, Rock Spring, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,371 (100%) |
| Owner Occupied HU | 1,837 (77.5%) |
| Renter Occupied HU | 387 (16.3%) |
| Vacant Housing Units | 147 ( 6.2%) |
| Median Home Value | $280,405 |
| Average Home Value | $295,860 |
Housing Distribution
Address Breakdown
Residential
2,254
Single Family
2,254
Multi-Family
0
Businesses
153
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dexter Gouger • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1516512