16 Toccoa Ridge RdMineral 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, Mineral Bluff, GA, 30559 offers a 6.4% rental yield on a $679,900 purchase with $3,626/mo rent. 31% in year one. Equity gained on principal adds $4,387/yr while 5% annual appreciation supports $187,844 over five years. Portfolio math shows five-year ROI at 88.74% and total cumulative return in cash at $198,509. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,626/mo property income against a $3,328/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: The Holly Nelson Team • Engel & Volkers North Georgia Mountains
Mls Name: NGBOR
Mls ID: #417399