16 Toccoa Ridge Rd #8Mineral BluffGA30559
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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 Mineral Bluff at 16 Toccoa Ridge Rd #8, Mineral Bluff, GA, 30559 with 5% annual appreciation on a $679,900 basis while $3,000/mo rent supports operations. 95% in year one. Equity gained on principal adds $4,387/yr, and five-year appreciation sums $187,844 alongside rental yield of 5.29%. Five-year ROI measures 70.74% and total cumulative return in cash totals $158,237. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,000/mo property income versus a $3,328/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
1.38 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
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Listed by: Holly Nelson • Engel & Vlkers North GA Mountains
Mls Name: GAMLS
Mls ID: #10573870