131 Carey StElbertonGA30635
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow131 Carey St, Elberton, GA, 30635 in Elberton is a top-tier cash-flow asset. At $169,500 it produces $2,572/mo in rent and $1,540/mo in net monthly income, a 18.21% gross rental yield. The DSCR of 3.38 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $18,478. Five-year appreciation adds $46,830, driving a total cumulative return of $163,323.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.2% | 7.0% |
| Monthly Cash Flow | $1,540 | $300 |
City averages based on Elberton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,572 |
| Total Monthly Debt Service | $964 |
| DSCR Ratio | 2.67x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1950
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30635, Elberton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,567 (100%) |
| Owner Occupied HU | 4,699 (62.1%) |
| Renter Occupied HU | 1,858 (24.6%) |
| Vacant Housing Units | 1,010 (13.3%) |
| Median Home Value | $142,758 |
| Average Home Value | $233,460 |
Housing Distribution
Address Breakdown
Residential
6,853
Single Family
6,648
Multi-Family
205
Businesses
760
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
Single Family
Built in 1950
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30635, Elberton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,567 (100%) |
| Owner Occupied HU | 4,699 (62.1%) |
| Renter Occupied HU | 1,858 (24.6%) |
| Vacant Housing Units | 1,010 (13.3%) |
| Median Home Value | $142,758 |
| Average Home Value | $233,460 |
Housing Distribution
Address Breakdown
Residential
6,853
Single Family
6,648
Multi-Family
205
Businesses
760
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices