120 Snow Mountain Ln #2East EllijayGA30540
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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 East Ellijay at 120 Snow Mountain Ln #2, East Ellijay, GA, 30540 listed at $189,900 pairs $1,486/mo rent with a $929/mo payment to leave $331/mo cash flow. Total monthly income runs $1,486/mo, and annual cash flow reaches $3,968/yr on $62,952 cash to close. Return on cash invested measures 26.21% in year one, and rental yield registers 9.39% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 136.53% and total cumulative return in cash totals $85,949. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,486/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1996
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30540, Ellijay, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,365 (100%) |
| Owner Occupied HU | 6,883 (60.6%) |
| Renter Occupied HU | 1,606 (14.1%) |
| Vacant Housing Units | 2,876 (25.3%) |
| Median Home Value | $336,590 |
| Average Home Value | $386,093 |
Housing Distribution
Address Breakdown
Residential
9,582
Single Family
9,505
Multi-Family
77
Businesses
937
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Listed by: PENNY D WILSON • Landmark Realty Associates, Inc.
Mls Name: FMLS GA
Mls ID: #7695039