1647 Lakeside Dr #HYoung 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
Investment property for sale in Young Harris at 1647 Lakeside Dr #H, Young Harris, GA, 30582 with 5% annual appreciation on a $397,500 basis while $2,458/mo rent supports operations. Total monthly income totals $2,458/mo and a $1,946/mo payment preserves $38/mo for cash returns. Annual cash flow comes to $460/yr on $131,771 deployed, and return on cash invested reaches 20.26% in year one. Equity gained on principal adds $2,565/yr, and five-year appreciation sums $109,822 alongside rental yield of 7.42%. Five-year ROI measures 104.6% and total cumulative return in cash totals $137,831.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,458/mo property income versus a $1,946/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2006
N/A 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: Holly Fletcher • Real Estate Professionals of Haywood County
Mls Name: NGBOR
Mls ID: #401538