3 Fairview LnMorgantonGA30560
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 3 Fairview Ln, Morganton, GA, 30560 in Morganton is capital appreciation. Rental yield 4.97%. The 4.97% gross yield at $1,397,500 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $386,103 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.92) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $349,631.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 7.0% |
| Monthly Cash Flow | $(2,798) | $1,500 |
City averages based on Morganton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,791 |
| Total Monthly Debt Service | $8,033 |
| DSCR Ratio | 0.72x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2025
1.04 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30560, Morganton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,928 (100%) |
| Owner Occupied HU | 2,086 (53.1%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 1,500 (38.2%) |
| Median Home Value | $397,806 |
| Average Home Value | $451,924 |
Housing Distribution
Address Breakdown
Residential
2,752
Single Family
2,752
Multi-Family
0
Businesses
92
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 2025
1.04 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30560, Morganton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,928 (100%) |
| Owner Occupied HU | 2,086 (53.1%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 1,500 (38.2%) |
| Median Home Value | $397,806 |
| Average Home Value | $451,924 |
Housing Distribution
Address Breakdown
Residential
2,752
Single Family
2,752
Multi-Family
0
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Logan Fitts • Mountain Sotheby's International Realty
Mls Name: NGBOR
Mls ID: #415574
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.