223 Franklin Hills DrCarnesvilleGA30521
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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
Investment property for sale in Carnesville at 223 Franklin Hills Dr, Carnesville, GA, 30521 with 5% annual appreciation on a $339,950 basis while $3,829/mo rent supports operations. Total monthly income totals $3,829/mo and a $1,664/mo payment preserves $1,731/mo for cash returns. Annual cash flow comes to $20,769/yr on $112,693 deployed, and return on cash invested reaches 38.34% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,922 alongside rental yield of 13.52%. Five-year ROI measures 201.65% and total cumulative return in cash totals $227,247.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,829/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
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Listed by: Alpha Property Group • HomeSmart
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7453380
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