955 George Ethridge RdLenoxGA31637
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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 Lenox at 955 George Ethridge Rd, Lenox, GA, 31637 uses $83,475 cash to close to unlock $11,699/yr annual cash flow and $975/mo monthly cash flow. Total monthly income runs $2,507/mo, and a $1,232/mo payment keeps the spread at $975/mo. Purchase price stands at $251,809, and rental yield measures 11.95% with $2,507/mo rent. Return on cash invested shows 33.92% in year one, and 5% annual appreciation builds toward $69,570 over five years. Five-year ROI reaches 177.87% and total cumulative return in cash records $148,478. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,507/mo property income covering a $1,232/mo payment rather than investor’s personal income.
Single Family
Built in 1976
1.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31637, Lenox, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 813 (67.3%) |
| Renter Occupied HU | 241 (20.0%) |
| Vacant Housing Units | 154 (12.7%) |
| Median Home Value | $117,799 |
| Average Home Value | $196,704 |
Housing Distribution
Address Breakdown
Residential
1,110
Single Family
1,110
Multi-Family
0
Businesses
58
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