1423 Elberton HwyLincolntonGA30817
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.76% gross rental yield, 1423 Elberton Hwy, Lincolnton, GA, 30817 in Lincolnton is priced for capital growth, not immediate cash flow. The $559,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $154,690 by year five, with $5,157/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.88) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $135,617.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 8.0% |
| Monthly Cash Flow | $(1,188) | $150 |
City averages based on Lincolnton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,220 |
| Total Monthly Debt Service | $3,185 |
| DSCR Ratio | 0.70x |
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.
Single Family
Built in 1996
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30817, Lincolnton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,118 (100%) |
| Owner Occupied HU | 2,479 (60.2%) |
| Renter Occupied HU | 695 (16.9%) |
| Vacant Housing Units | 944 (22.9%) |
| Median Home Value | $226,312 |
| Average Home Value | $312,256 |
Housing Distribution
Address Breakdown
Residential
3,557
Single Family
3,532
Multi-Family
25
Businesses
258
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 1996
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30817, Lincolnton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,118 (100%) |
| Owner Occupied HU | 2,479 (60.2%) |
| Renter Occupied HU | 695 (16.9%) |
| Vacant Housing Units | 944 (22.9%) |
| Median Home Value | $226,312 |
| Average Home Value | $312,256 |
Housing Distribution
Address Breakdown
Residential
3,557
Single Family
3,532
Multi-Family
25
Businesses
258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia L Albertsen • Leading Edge Real Estate
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #534902
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.