241 Simmons Dr,Ellijay,GA,30536

Investment Highlights

Rental property for sale in Ellijay at 241 Simmons Dr, Ellijay, GA, 30536 priced at $495,000 converts $3,937/mo rent into $924/mo cash flow after a $2,423/mo obligation. Total monthly income equals $3,937/mo, and annual cash flow totals $11,089/yr on $164,093 invested. Return on cash invested prints 26.67% in year one, and rental yield reads 9.54% against a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation compiles into $136,759 by year five. Five-year ROI reaches 138.97% and total cumulative return in cash sums $228,034. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,937/mo property income covering a $2,423/mo payment, not borrower’s personal income.