312 Covered Bridge LnCherry LogGA30522
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 Cherry Log at 312 Covered Bridge Ln, Cherry Log, GA, 30522 priced at $1,395,000 converts $3,600/mo rent into after a $6,828/mo obligation. Total monthly income equals $3,600/mo. Return on cash invested prints 7.14% in year one, and rental yield reads 3.1% against a $1,395,000 entry. Equity gained on principal adds $9,002/yr, while 5% annual appreciation compiles into $385,413 by year five. Five-year ROI reaches 34.23% and total cumulative return in cash sums $154,702. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,600/mo property income covering a $6,828/mo payment, not borrower’s personal income.
Single Family
Built in 2022
1.11 Acres lot
$N/A/sqft
$1,100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30522, Cherrylog, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,147 (100%) |
| Owner Occupied HU | 511 (44.6%) |
| Renter Occupied HU | 53 ( 4.6%) |
| Vacant Housing Units | 583 (50.8%) |
| Median Home Value | $512,127 |
| Average Home Value | $610,117 |
Housing Distribution
Address Breakdown
Residential
732
Single Family
732
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian White • Ansley Real Estate Christie's Int. Real Estate
Mls Name: NGBOR
Mls ID: #415709