267 Elm StLincolntonGA30817
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
Investment Highlights
Rental property for sale in Lincolnton at 267 Elm St, Lincolnton, GA, 30817 priced at $410,000 pairs $2,726/mo rent with $230/mo cash flow after a $2,007/mo payment. Total monthly income equals $2,726/mo, and annual cash flow comes to $2,765/yr on $135,915 invested. Return on cash invested is 21.94% in year one, and rental yield stands at 7.98% on a $410,000 basis. Equity gained on principal adds $2,646/yr, and 5% annual appreciation accumulates to $113,275 by year five. Five-year ROI measures 113.62% and total cumulative return in cash reaches $154,427. For financing, Ziffy Mortgage’s DSCR program evaluates $2,726/mo property income against a $2,007/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1922
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30817, Lincolnton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,118 (100%) |
| Owner Occupied HU | 2,479 (60.2%) |
| Renter Occupied HU | 695 (16.9%) |
| Vacant Housing Units | 944 (22.9%) |
| Median Home Value | $226,312 |
| Average Home Value | $312,256 |
Housing Distribution
Address Breakdown
Residential
3,557
Single Family
3,532
Multi-Family
25
Businesses
258
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Listed by: Sharon G Bryan • Southern Classic Realty
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #540804
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