282 E 2nd StBlue 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
Investment property for sale in Blue Ridge at 282 E 2nd St, Blue Ridge, GA, 30513 listed at $325,000 pairs $2,205/mo rent with a $1,591/mo payment to leave $227/mo cash flow. Total monthly income runs $2,205/mo, and annual cash flow reaches $2,721/yr on $107,738 cash to close. Return on cash invested measures 22.43% in year one, and rental yield registers 8.14% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 116.25% and total cumulative return in cash totals $125,245. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,205/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
7,405 sqft 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: Sandra Wilbanks • Ansley Real Estate Christie's Int. Real Estate
Mls Name: NGBOR
Mls ID: #417336