121 River St UNIT 4BHiawasseeGA30546
INVESTMENT ANALYSIS
Investment Verdict
Solid Income121 River St UNIT 4B, Hiawassee, GA, 30546 in Hiawassee carries a 1.52 coverage ratio, rent of $1,877/mo is 1.52 times the $1,234/mo payment. Rental yield 8.2%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $274,500 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $75,839; total projected cumulative return: $90,271.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 7.2% |
| Monthly Cash Flow | $(244) | $350 |
City averages based on Hiawassee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,877 |
| Total Monthly Debt Service | $2,011 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1997
N/A lot
$N/A/sqft
$5,400 annually 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
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
Condo
Built in 1997
N/A lot
$N/A/sqft
$5,400 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Kelley • RE/MAX Town & Country-Hiawassee
Mls Name: GAMLS
Mls Provider:
Mls ID: #10513295
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.