200 Melson Rd SWCave SpringGA30124
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
Rental property for sale in Cave Spring at 200 Melson Rd SW, Cave Spring, GA, 30124 offers $3,196/mo rent that, after a $3,426/mo payment. Total monthly income is $3,196/mo. Return on cash invested measures 14.52% in year one, and rental yield stands at 5.48% at a $699,900 entry. Equity gained on principal adds $4,516/yr while 5% annual appreciation compounds into $193,369 by year five. Five-year ROI records 73.74% and total cumulative return in cash reaches $169,796. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,196/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
10.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30124, Cave Spring, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,479 (100%) |
| Owner Occupied HU | 950 (64.2%) |
| Renter Occupied HU | 368 (24.9%) |
| Vacant Housing Units | 161 (10.9%) |
| Median Home Value | $244,286 |
| Average Home Value | $296,403 |
Housing Distribution
Address Breakdown
Residential
1,171
Single Family
1,171
Multi-Family
0
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra Hayes • Hardy Realty and Development Company
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7510793
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2025 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)