257 Iris DrDemorestGA30535
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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 Demorest at 257 Iris Dr, Demorest, GA, 30535 listed at $515,000 pairs $2,321/mo rent with a $2,521/mo payment. Total monthly income runs $2,321/mo. Return on cash invested measures 14.3% in year one, and rental yield registers 5.41% at a $515,000 basis. Equity gained on principal adds $3,323/yr, and annual property appreciation at 5% supports $142,285 by year five. Five-year ROI tracks 72.59% and total cumulative return in cash totals $122,989. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,321/mo property income relative to a $2,521/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
16.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30535, Demorest, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,437 (100%) |
| Owner Occupied HU | 2,411 (70.1%) |
| Renter Occupied HU | 704 (20.5%) |
| Vacant Housing Units | 322 ( 9.4%) |
| Median Home Value | $278,374 |
| Average Home Value | $308,770 |
Housing Distribution
Address Breakdown
Residential
3,075
Single Family
3,075
Multi-Family
0
Businesses
211
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