253 Grindstone Creek DrClarkesvilleGA30523
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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 Clarkesville at 253 Grindstone Creek Dr, Clarkesville, GA, 30523 listed at $479,900 pairs $4,498/mo rent with a $2,349/mo payment to leave $1,577/mo cash flow. Total monthly income runs $4,498/mo, and annual cash flow reaches $18,925/yr on $159,087 cash to close. Return on cash invested measures 31.81% in year one, and rental yield registers 11.25% at a $479,900 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,588 by year five. Five-year ROI tracks 166.52% and total cumulative return in cash totals $264,909. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,498/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30523, Clarkesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,148 (100%) |
| Owner Occupied HU | 4,797 (67.1%) |
| Renter Occupied HU | 1,046 (14.6%) |
| Vacant Housing Units | 1,305 (18.3%) |
| Median Home Value | $326,983 |
| Average Home Value | $430,806 |
Housing Distribution
Address Breakdown
Residential
6,157
Single Family
6,157
Multi-Family
0
Businesses
621
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Listed by: Amanda Stewart • Keller Williams Lanier Partners
Mls Name: GAMLS
Mls ID: #10600842