90 Old Stone Place RdLakemontGA30552
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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 Lakemont at 90 Old Stone Place Rd, Lakemont, GA, 30552 offers a 16.37% rental yield on a $129,900 purchase with $1,772/mo rent. Total monthly income registers $1,772/mo, and a $636/mo payment leaves $981/mo available for distribution. Annual cash flow reaches $11,774/yr on $43,062 to close, and return on cash invested stands at 47.25% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 249.43% and total cumulative return in cash at $107,407. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,772/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30552, Lakemont, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,632 (100%) |
| Owner Occupied HU | 726 (44.5%) |
| Renter Occupied HU | 128 ( 7.8%) |
| Vacant Housing Units | 778 (47.7%) |
| Median Home Value | $354,118 |
| Average Home Value | $545,224 |
Housing Distribution
Address Breakdown
Residential
1,020
Single Family
1,020
Multi-Family
0
Businesses
67
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Listed by: Paul Hebert • Coldwell Banker Upchurch Realty
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1022187
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.