894-896 Wheeler RdLa FayetteGA30728
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 La Fayette at 894-896 Wheeler Rd, La Fayette, GA, 30728 earns from $1,402/mo rent with a $1,268/mo payment. Total monthly income totals $1,402/mo. ROI tracks 17.47% on current figures, and rental yield reads 6.5% at a $259,000 purchase. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 over five years. Five-year ROI reaches 89.65% and total cumulative return in cash sums $76,972. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,402/mo property income instead of your personal income.
Manufactured
Built in 1994
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30728, La Fayette, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,319 (100%) |
| Owner Occupied HU | 5,348 (64.3%) |
| Renter Occupied HU | 2,074 (24.9%) |
| Vacant Housing Units | 897 (10.8%) |
| Median Home Value | $195,833 |
| Average Home Value | $218,043 |
Housing Distribution
Address Breakdown
Residential
7,906
Single Family
7,801
Multi-Family
105
Businesses
577
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Nearby investment properties with comparable prices
Listed by: Teresa G Hogg • Better Homes and Gardens Real Estate Jackson Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1525349