261 Riverview DrBlue RidgeGA30513
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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 Blue Ridge at 261 Riverview Dr, Blue Ridge, GA, 30513 offers $2,898/mo rent that, after a $5,188/mo payment. Total monthly income is $2,898/mo. Return on cash invested measures 7.95% in year one, and rental yield stands at 3.28% at a $1,060,000 entry. Equity gained on principal adds $6,840/yr while 5% annual appreciation compounds into $292,858 by year five. Five-year ROI records 38.5% and total cumulative return in cash reaches $132,217. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,898/mo property income versus a $5,188/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30513, Blue Ridge, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 4,239 (46.0%) |
| Renter Occupied HU | 1,398 (15.2%) |
| Vacant Housing Units | 3,579 (38.8%) |
| Median Home Value | $372,061 |
| Average Home Value | $477,859 |
Housing Distribution
Address Breakdown
Residential
6,318
Single Family
6,318
Multi-Family
0
Businesses
1,029
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Listed by: Tracy Krohn • Keller Williams Elevate
Mls Name: NGBOR
Mls ID: #415561