1359 Mountain High DrMineral BluffGA30559
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
Investment Highlights
Rental property for sale in Mineral Bluff at 1359 Mountain High Dr, Mineral Bluff, GA, 30559 priced at $1,420,000 converts $3,000/mo rent into after a $6,950/mo obligation. Total monthly income equals $3,000/mo. Return on cash invested prints 5.65% in year one, and rental yield reads 2.54% against a $1,420,000 entry. Equity gained on principal adds $9,163/yr, while 5% annual appreciation compiles into $392,320 by year five. Five-year ROI reaches 26.16% and total cumulative return in cash sums $120,359. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $6,950/mo payment, not borrower’s personal income.
Single Family
Built in 2006
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30559, Mineral Bluff, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,613 (100%) |
| Owner Occupied HU | 1,953 (54.1%) |
| Renter Occupied HU | 342 ( 9.5%) |
| Vacant Housing Units | 1,318 (36.5%) |
| Median Home Value | $424,122 |
| Average Home Value | $490,982 |
Housing Distribution
Address Breakdown
Residential
2,647
Single Family
2,646
Multi-Family
1
Businesses
100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Billings • Compass - E+E Group
Mls Name: NGBOR
Mls ID: #420943