264 River Fields 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
Rental property for sale in Clarkesville at 264 River Fields Dr, Clarkesville, GA, 30523 priced at $1,240,000 converts $6,096/mo rent into after a $6,069/mo obligation. Total monthly income equals $6,096/mo. Return on cash invested prints 16.04% in year one, and rental yield reads 5.9% against a $1,240,000 entry. Equity gained on principal adds $8,002/yr, while 5% annual appreciation compiles into $342,589 by year five. Five-year ROI reaches 81.84% and total cumulative return in cash sums $328,818. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,096/mo property income covering a $6,069/mo payment, not borrower’s personal income.
Single Family
Built in 2004
2.88 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: James Allison • Leading Edge Real Estate LLC
Mls Name: GAMLS
Mls ID: #10615432