1609 Clark DrHiawasseeGA30546
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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 Hiawassee at 1609 Clark Dr, Hiawassee, GA, 30546 priced at $579,100 pairs $3,708/mo rent with $184/mo cash flow after a $2,834/mo payment. Total monthly income equals $3,708/mo, and annual cash flow comes to $2,207/yr on $190,524 invested. Return on cash invested is 21.22% in year one, and rental yield stands at 7.68% on a $579,100 basis. Equity gained on principal adds $3,737/yr, and 5% annual appreciation accumulates to $159,995 by year five. Five-year ROI measures 109.69% and total cumulative return in cash reaches $208,982. For financing, Ziffy Mortgage’s DSCR program evaluates $3,708/mo property income against a $2,834/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30546, Hiawassee, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,403 (100%) |
| Owner Occupied HU | 3,110 (48.6%) |
| Renter Occupied HU | 728 (11.4%) |
| Vacant Housing Units | 2,565 (40.1%) |
| Median Home Value | $412,834 |
| Average Home Value | $468,194 |
Housing Distribution
Address Breakdown
Residential
4,802
Single Family
4,674
Multi-Family
128
Businesses
479
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