215 Old Mize RdToccoaGA30577
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 Toccoa at 215 Old Mize Rd, Toccoa, GA, 30577 uses $111,053 cash to close to unlock $3,441/yr annual cash flow and $287/mo monthly cash flow. Total monthly income runs $2,326/mo, and a $1,640/mo payment keeps the spread at $287/mo. Purchase price stands at $335,000, and rental yield measures 8.33% with $2,326/mo rent. Return on cash invested shows 23.01% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 119.32% and total cumulative return in cash records $132,512. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,326/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1964
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30577, Toccoa, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,178 (100%) |
| Owner Occupied HU | 6,226 (61.2%) |
| Renter Occupied HU | 2,857 (28.1%) |
| Vacant Housing Units | 1,095 (10.8%) |
| Median Home Value | $211,071 |
| Average Home Value | $268,780 |
Housing Distribution
Address Breakdown
Residential
9,706
Single Family
9,517
Multi-Family
189
Businesses
914
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices