2360 Hiawassee DrDuluthGA30097
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 2360 Hiawassee Dr, Duluth, GA, 30097 in Duluth at $560,000 earns $3,563/mo in rent and nets $104/mo after the $2,518/mo payment, a 7.63% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $154,718 over five years. Ziffy Mortgage underwrites this on a 1.42 DSCR without U.S. credit history. With $5,158/yr in principal paydown, total projected return reaches $219,013.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.0% |
| Monthly Cash Flow | $104 | $300 |
City averages based on Duluth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,563 |
| Total Monthly Debt Service | $3,236 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
0.36 Acres lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30097, Duluth, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,335 (100%) |
| Owner Occupied HU | 13,116 (64.5%) |
| Renter Occupied HU | 6,115 (30.1%) |
| Vacant Housing Units | 1,104 ( 5.4%) |
| Median Home Value | $582,674 |
| Average Home Value | $671,187 |
Housing Distribution
Address Breakdown
Residential
19,478
Single Family
15,466
Multi-Family
4,012
Businesses
1,516
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
Single Family
Built in 1996
0.36 Acres lot
$N/A/sqft
$550 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30097, Duluth, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,335 (100%) |
| Owner Occupied HU | 13,116 (64.5%) |
| Renter Occupied HU | 6,115 (30.1%) |
| Vacant Housing Units | 1,104 ( 5.4%) |
| Median Home Value | $582,674 |
| Average Home Value | $671,187 |
Housing Distribution
Address Breakdown
Residential
19,478
Single Family
15,466
Multi-Family
4,012
Businesses
1,516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices