1427 Cherry Lake DrBlue RidgeGA30513
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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
Investment property for sale in Blue Ridge at 1427 Cherry Lake Dr, Blue Ridge, GA, 30513 uses $261,555 cash to close to unlock $2,395/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $5,038/mo, and a $3,891/mo payment keeps the spread at $200/mo. Purchase price stands at $795,000, and rental yield measures 7.6% with $5,038/mo rent. Return on cash invested shows 20.98% in year one, and 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 108.39% and total cumulative return in cash records $283,510. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,038/mo property income covering a $3,891/mo payment rather than investor’s personal income.
Single Family
Built in 1992
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30513, Blue Ridge, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 4,239 (46.0%) |
| Renter Occupied HU | 1,398 (15.2%) |
| Vacant Housing Units | 3,579 (38.8%) |
| Median Home Value | $372,061 |
| Average Home Value | $477,859 |
Housing Distribution
Address Breakdown
Residential
6,318
Single Family
6,318
Multi-Family
0
Businesses
1,029
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Listed by: Mallory Ownbey • ReMax Town & Ctry-Downtown
Mls Name: GAMLS
Mls ID: #10586279