1649 Lakeview Dr #HYoung HarrisGA30582
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1649 Lakeview Dr #H, Young Harris, GA, 30582 uses $115,528 cash to close to unlock $3,344/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,706/mo payment keeps the spread at $279/mo. Purchase price stands at $348,500, and rental yield measures 8.26% with $2,400/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $96,284 over five years. Five-year ROI reaches 118.24% and total cumulative return in cash records $136,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,706/mo payment rather than investor’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Shuler • Coldwell Banker High Country Realty - Blairsville
Mls Name: NGBOR
Mls ID: #419098