29 Cottage LnToccoaGA30577
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 29 Cottage Ln, Toccoa, GA, 30577 in Toccoa speaks for itself: 10.9% gross on a $549,000 price, generating $4,987/mo in rent and $1,396/mo in net income after the $2,469/mo debt service. DSCR 2.02, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,751 stacks alongside $151,679 in projected five-year appreciation and $5,056/yr in principal reduction. Projected total cumulative return: $313,813.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 8.0% |
| Monthly Cash Flow | $1,396 | $250 |
City averages based on Toccoa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,987 |
| Total Monthly Debt Service | $3,123 |
| DSCR Ratio | 1.60x |
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 2004
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30577, Toccoa, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,178 (100%) |
| Owner Occupied HU | 6,226 (61.2%) |
| Renter Occupied HU | 2,857 (28.1%) |
| Vacant Housing Units | 1,095 (10.8%) |
| Median Home Value | $211,071 |
| Average Home Value | $268,780 |
Housing Distribution
Address Breakdown
Residential
9,706
Single Family
9,517
Multi-Family
189
Businesses
914
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 2004
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30577, Toccoa, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,178 (100%) |
| Owner Occupied HU | 6,226 (61.2%) |
| Renter Occupied HU | 2,857 (28.1%) |
| Vacant Housing Units | 1,095 (10.8%) |
| Median Home Value | $211,071 |
| Average Home Value | $268,780 |
Housing Distribution
Address Breakdown
Residential
9,706
Single Family
9,517
Multi-Family
189
Businesses
914
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices