209 N Berrong StHiawasseeGA30546
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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 Hiawassee at 209 N Berrong St, Hiawassee, GA, 30546 priced at $849,900 converts $2,904/mo rent into after a $4,160/mo obligation. Total monthly income equals $2,904/mo. Return on cash invested prints 10.32% in year one, and rental yield reads 4.1% against a $849,900 entry. Equity gained on principal adds $5,484/yr, while 5% annual appreciation compiles into $234,812 by year five. Five-year ROI reaches 51.28% and total cumulative return in cash sums $143,390. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,904/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Townhouse
Built in 1998
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30546, Hiawassee, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,403 (100%) |
| Owner Occupied HU | 3,110 (48.6%) |
| Renter Occupied HU | 728 (11.4%) |
| Vacant Housing Units | 2,565 (40.1%) |
| Median Home Value | $412,834 |
| Average Home Value | $468,194 |
Housing Distribution
Address Breakdown
Residential
4,802
Single Family
4,674
Multi-Family
128
Businesses
479
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