121 River StHiawasseeGA30546
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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 Hiawassee at 121 River St, Hiawassee, GA, 30546 priced at $244,900 pairs $1,980/mo rent with $489/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,980/mo, and annual cash flow comes to $5,870/yr on $81,184 invested. Return on cash invested is 27.14% in year one, and rental yield stands at 9.7% on a $244,900 basis. Equity gained on principal adds $1,580/yr, and 5% annual appreciation accumulates to $67,661 by year five. Five-year ROI measures 141.52% and total cumulative return in cash reaches $114,893. For financing, Ziffy Mortgage’s DSCR program evaluates $1,980/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1197
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30546, Hiawassee, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,403 (100%) |
| Owner Occupied HU | 3,110 (48.6%) |
| Renter Occupied HU | 728 (11.4%) |
| Vacant Housing Units | 2,565 (40.1%) |
| Median Home Value | $412,834 |
| Average Home Value | $468,194 |
Housing Distribution
Address Breakdown
Residential
4,802
Single Family
4,674
Multi-Family
128
Businesses
479
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