10 Ridge Rd SWCave SpringGA30124
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 Cave Spring at 10 Ridge Rd SW, Cave Spring, GA, 30124 uses $99,417 cash to close to unlock $9,631/yr annual cash flow and $803/mo monthly cash flow. Total monthly income runs $2,628/mo, and a $1,468/mo payment keeps the spread at $803/mo. Purchase price stands at $299,900, and rental yield measures 10.52% with $2,628/mo rent. Return on cash invested shows 29.6% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 154.67% and total cumulative return in cash records $153,772. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,628/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1995
2.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30124, Cave Spring, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,479 (100%) |
| Owner Occupied HU | 950 (64.2%) |
| Renter Occupied HU | 368 (24.9%) |
| Vacant Housing Units | 161 (10.9%) |
| Median Home Value | $244,286 |
| Average Home Value | $296,403 |
Housing Distribution
Address Breakdown
Residential
1,171
Single Family
1,171
Multi-Family
0
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Stout Group • eXp Realty
Mls Name: GAMLS
Mls ID: #10612301