120 Hideaway LnMorgantonGA30560
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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 Morganton at 120 Hideaway Ln, Morganton, GA, 30560 generates $1,829/mo in rent and, after a $1,468/mo payment, leaves $4/mo in cash flow. Total monthly income is $1,829/mo, and annual cash flow is $42/yr on $99,450 invested. Return on cash invested sits at 19.95% in year one, and rental yield is 7.32% on a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 102.95% and total cumulative return in cash sums $102,384. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,829/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30560, Morganton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,928 (100%) |
| Owner Occupied HU | 2,086 (53.1%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 1,500 (38.2%) |
| Median Home Value | $397,806 |
| Average Home Value | $451,924 |
Housing Distribution
Address Breakdown
Residential
2,752
Single Family
2,752
Multi-Family
0
Businesses
92
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