239 Covered Bridge LnCherry LogGA30522
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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
Rental property for sale in Cherry Log at 239 Covered Bridge Ln, Cherry Log, GA, 30522 generates $4,676/mo in rent, after a $7,415/mo payment. Total monthly income is $4,676/mo. Return on cash invested sits at 9.26% in year one, and rental yield is 3.7% on a $1,515,000 entry. Equity gained on principal adds $9,776/yr, while 5% annual appreciation builds toward $418,567 over five years. Five-year ROI reaches 45.5% and total cumulative return in cash sums $223,349. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,676/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30522, Cherrylog, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,147 (100%) |
| Owner Occupied HU | 511 (44.6%) |
| Renter Occupied HU | 53 ( 4.6%) |
| Vacant Housing Units | 583 (50.8%) |
| Median Home Value | $512,127 |
| Average Home Value | $610,117 |
Housing Distribution
Address Breakdown
Residential
732
Single Family
732
Multi-Family
0
Businesses
24
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Listed by: Deborah Bruggemeier • Engel & Vlkers North Georgia Mountains
Mls Name: Engel & Volkers
Mls Provider:
Mls ID: #409143