2092 Wood Lake LnYoung 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
Rental property for sale in Young Harris at 2092 Wood Lake Ln, Young Harris, GA, 30582 offers $2,160/mo rent that, after a $1,652/mo payment, leaves $106/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $1,270/yr on $111,881 cash. Return on cash invested measures 21.04% in year one, and rental yield stands at 7.68% at a $337,500 entry. Equity gained on principal adds $2,178/yr while 5% annual appreciation compounds into $93,245 by year five. Five-year ROI records 108.8% and total cumulative return in cash reaches $121,729. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $1,652/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
1.09 Acres 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: James Rick Andrews • Century 21 Black Bear Realty
Mls Name: NGBOR
Mls ID: #412575