89 Tesnatee Landing DrClevelandGA30528
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
Rental property for sale in Cleveland at 89 Tesnatee Landing Dr, Cleveland, GA, 30528 priced at $485,000 converts $3,584/mo rent into $582/mo cash flow after a $2,374/mo obligation. Total monthly income equals $3,584/mo, and annual cash flow totals $6,984/yr on $160,778 invested. Return on cash invested prints 24.25% in year one, and rental yield reads 8.87% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 126.16% and total cumulative return in cash sums $202,838. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,584/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in 2008
1 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30528, Cleveland, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,778 (100%) |
| Owner Occupied HU | 7,249 (67.3%) |
| Renter Occupied HU | 2,150 (19.9%) |
| Vacant Housing Units | 1,379 (12.8%) |
| Median Home Value | $316,813 |
| Average Home Value | $354,759 |
Housing Distribution
Address Breakdown
Residential
9,869
Single Family
9,726
Multi-Family
143
Businesses
935
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Davis • Virtual Properties Realty.com
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7433334
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2024 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)