1578 New Hope RdToccoaGA30577
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
Investment property for sale in Toccoa at 1578 New Hope Rd, Toccoa, GA, 30577 earns from $2,784/mo rent with a $2,814/mo payment. Total monthly income totals $2,784/mo. ROI tracks 15.52% on current figures, and rental yield reads 5.81% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 79.15% and total cumulative return in cash sums $149,735. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,784/mo property income instead of your personal income.
Single Family
Built in 2001
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30577, Toccoa, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,178 (100%) |
| Owner Occupied HU | 6,226 (61.2%) |
| Renter Occupied HU | 2,857 (28.1%) |
| Vacant Housing Units | 1,095 (10.8%) |
| Median Home Value | $211,071 |
| Average Home Value | $268,780 |
Housing Distribution
Address Breakdown
Residential
9,706
Single Family
9,517
Multi-Family
189
Businesses
914
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Nearby investment properties with comparable prices
Listed by: MARK SPAIN • Mark Spain Real Estate
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7631746
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