145 Cook RdMorgantonGA30560
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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
Rental property for sale in Morganton at 145 Cook Rd, Morganton, GA, 30560 generates $3,034/mo in rent, after a $3,911/mo payment. Total monthly income is $3,034/mo. Return on cash invested sits at 11.71% in year one, and rental yield is 4.56% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 58.7% and total cumulative return in cash sums $154,314. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,034/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30560, Morganton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,928 (100%) |
| Owner Occupied HU | 2,086 (53.1%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 1,500 (38.2%) |
| Median Home Value | $397,806 |
| Average Home Value | $451,924 |
Housing Distribution
Address Breakdown
Residential
2,752
Single Family
2,752
Multi-Family
0
Businesses
92
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