89 W Highland DrRinggoldGA30736
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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 Ringgold at 89 W Highland Dr, Ringgold, GA, 30736 uses $106,047 cash to close to unlock $885/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $2,021/mo, and a $1,566/mo payment keeps the spread at $74/mo. Purchase price stands at $319,900, and rental yield measures 7.58% with $2,021/mo rent. Return on cash invested shows 20.74% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 107.19% and total cumulative return in cash records $113,672. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,021/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30736, Ringgold, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,097 (100%) |
| Owner Occupied HU | 13,898 (76.8%) |
| Renter Occupied HU | 3,217 (17.8%) |
| Vacant Housing Units | 982 ( 5.4%) |
| Median Home Value | $295,727 |
| Average Home Value | $346,943 |
Housing Distribution
Address Breakdown
Residential
17,352
Single Family
17,351
Multi-Family
1
Businesses
1,086
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