2643 Rice Mill CtGraysonGA30017
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2643 Rice Mill Ct, Grayson, GA, 30017 in Grayson at $505,000 earns $3,445/mo in rent and nets $72/mo after the $2,271/mo payment, a 8.19% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $139,522 over five years. Ziffy Mortgage underwrites this on a 1.52 DSCR without U.S. credit history. With $4,651/yr in principal paydown, total projected return reaches $197,197.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $72 | $250 |
City averages based on Grayson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,445 |
| Total Monthly Debt Service | $3,172 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2001
0.39 Acres lot
$N/A/sqft
$725 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30017, Grayson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,531 (100%) |
| Owner Occupied HU | 7,706 (80.9%) |
| Renter Occupied HU | 1,571 (16.5%) |
| Vacant Housing Units | 254 ( 2.7%) |
| Median Home Value | $433,415 |
| Average Home Value | $471,908 |
Housing Distribution
Address Breakdown
Residential
8,883
Single Family
8,166
Multi-Family
717
Businesses
697
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2001
0.39 Acres lot
$N/A/sqft
$725 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30017, Grayson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,531 (100%) |
| Owner Occupied HU | 7,706 (80.9%) |
| Renter Occupied HU | 1,571 (16.5%) |
| Vacant Housing Units | 254 ( 2.7%) |
| Median Home Value | $433,415 |
| Average Home Value | $471,908 |
Housing Distribution
Address Breakdown
Residential
8,883
Single Family
8,166
Multi-Family
717
Businesses
697
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices