2 Mountain RdMorgantonGA30560
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 Morganton at 2 Mountain Rd, Morganton, GA, 30560 offers a 9.59% rental yield on a $155,950 purchase with $1,246/mo rent. Total monthly income registers $1,246/mo, and a $763/mo payment leaves $297/mo available for distribution. Annual cash flow reaches $3,566/yr on $51,697 to close, and return on cash invested stands at 26.81% in year one. Equity gained on principal adds $1,006/yr while 5% annual appreciation supports $43,086 over five years. Portfolio math shows five-year ROI at 139.79% and total cumulative return in cash at $72,266. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,246/mo property income against a $763/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30560, Morganton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,928 (100%) |
| Owner Occupied HU | 2,086 (53.1%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 1,500 (38.2%) |
| Median Home Value | $397,806 |
| Average Home Value | $451,924 |
Housing Distribution
Address Breakdown
Residential
2,752
Single Family
2,752
Multi-Family
0
Businesses
92
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