1637 Townsend Mill RdYoung HarrisGA30582
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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 Young Harris at 1637 Townsend Mill Rd, Young Harris, GA, 30582 priced at $349,500 converts $2,694/mo rent into $567/mo cash flow after a $1,711/mo obligation. Total monthly income equals $2,694/mo, and annual cash flow totals $6,798/yr on $115,859 invested. Return on cash invested prints 25.78% in year one, and rental yield reads 9.25% against a $349,500 entry. Equity gained on principal adds $2,255/yr, while 5% annual appreciation compiles into $96,560 by year five. Five-year ROI reaches 134.18% and total cumulative return in cash sums $155,461. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,694/mo property income covering a $1,711/mo payment, not borrower’s personal income.
Single Family
Built in 2000
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30582, Young Harris, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,461 (100%) |
| Owner Occupied HU | 2,125 (61.4%) |
| Renter Occupied HU | 444 (12.8%) |
| Vacant Housing Units | 892 (25.8%) |
| Median Home Value | $360,520 |
| Average Home Value | $398,949 |
Housing Distribution
Address Breakdown
Residential
2,708
Single Family
2,708
Multi-Family
0
Businesses
171
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Listed by: Joann Nunnery • Hammock Realty North Georgia
Mls Name: GAMLS
Mls ID: #10664574