223 Franklin Hills Dr #B21CarnesvilleGA30521
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 Carnesville at 223 Franklin Hills Dr #B21, Carnesville, GA, 30521 uses $112,693 cash to close to unlock $669/yr annual cash flow and $56/mo monthly cash flow. Total monthly income runs $2,154/mo, and a $1,664/mo payment keeps the spread at $56/mo. Purchase price stands at $339,950, and rental yield measures 7.6% with $2,154/mo rent. Return on cash invested shows 20.5% in year one, and 5% annual appreciation builds toward $93,922 over five years. Five-year ROI reaches 106% and total cumulative return in cash records $119,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,154/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.47 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30521, Carnesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,661 (71.6%) |
| Renter Occupied HU | 379 (16.3%) |
| Vacant Housing Units | 280 (12.1%) |
| Median Home Value | $208,565 |
| Average Home Value | $309,485 |
Housing Distribution
Address Breakdown
Residential
2,115
Single Family
2,115
Multi-Family
0
Businesses
209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Limbach • HomeSmart
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1021317
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.