2369 Herman Drake RdYoung 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
Total monthly income runs $2,400/mo, and a $6,608/mo payment. Purchase price stands at $1,350,000, and rental yield measures 2.13% with $2,400/mo rent. Return on cash invested shows 4.41% in year one, and 5% annual appreciation builds toward $372,980 over five years. Five-year ROI reaches 19.51% and total cumulative return in cash records $85,325. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $6,608/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.32 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: Bill Herold • REMAX Hiawassee Realty
Mls Name: NGBOR
Mls ID: #413586