2989 Old Stagecoach RdCarnesvilleGA30521
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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 Carnesville at 2989 Old Stagecoach Rd, Carnesville, GA, 30521 priced at $339,000 pairs $1,835/mo rent with after a $1,659/mo payment. Total monthly income equals $1,835/mo. Return on cash invested is 17.47% in year one, and rental yield stands at 6.5% on a $339,000 basis. Equity gained on principal adds $2,188/yr, and 5% annual appreciation accumulates to $93,659 by year five. Five-year ROI measures 89.69% and total cumulative return in cash reaches $100,792. For financing, Ziffy Mortgage’s DSCR program evaluates $1,835/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2020
3.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30521, Carnesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,661 (71.6%) |
| Renter Occupied HU | 379 (16.3%) |
| Vacant Housing Units | 280 (12.1%) |
| Median Home Value | $208,565 |
| Average Home Value | $309,485 |
Housing Distribution
Address Breakdown
Residential
2,115
Single Family
2,115
Multi-Family
0
Businesses
209
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Nearby investment properties with comparable prices
Listed by: Travis Halbrook • eXp Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10313101
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.