91 Riverside DrClevelandGA30528
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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
Rental property for sale in Cleveland at 91 Riverside Dr, Cleveland, GA, 30528 priced at $129,000 converts $2,880/mo rent into $2,095/mo cash flow after a $631/mo obligation. Total monthly income equals $2,880/mo, and annual cash flow totals $25,143/yr on $42,764 invested. Return on cash invested prints 78.71% in year one, and rental yield reads 26.79% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 418.09% and total cumulative return in cash sums $178,789. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $631/mo payment, not borrower’s personal income.
Single Family
Built in 1994
1 Acres lot
$N/A/sqft
No 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
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Listed by: Kim Chandler • Coldwell Banker Upchurch Realty
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1020810
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