116 W Main St SUITE 2ABlue RidgeGA30513
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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 Blue Ridge at 116 W Main St SUITE 2A, Blue Ridge, GA, 30513 earns from $2,406/mo rent with a $3,916/mo payment. Total monthly income totals $2,406/mo. ROI tracks 8.83% on current figures, and rental yield reads 3.61% at a $800,000 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 over five years. Five-year ROI reaches 43.26% and total cumulative return in cash sums $113,852. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,406/mo property income instead of your personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30513, Blue Ridge, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 4,239 (46.0%) |
| Renter Occupied HU | 1,398 (15.2%) |
| Vacant Housing Units | 3,579 (38.8%) |
| Median Home Value | $372,061 |
| Average Home Value | $477,859 |
Housing Distribution
Address Breakdown
Residential
6,318
Single Family
6,318
Multi-Family
0
Businesses
1,029
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Listed by: Leslie Faith • Virtual Properties Realty.com
Mls Name: FMLS GA
Mls ID: #7656088