330 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
Rental property for sale in Blue Ridge at 330 E 2nd St, Blue Ridge, GA, 30513 priced at $745,000 converts $3,420/mo rent into after a $3,646/mo obligation. Total monthly income equals $3,420/mo. Return on cash invested prints 14.61% in year one, and rental yield reads 5.51% against a $745,000 entry. Equity gained on principal adds $4,807/yr, while 5% annual appreciation compiles into $205,830 by year five. Five-year ROI reaches 74.26% and total cumulative return in cash sums $182,012. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,420/mo property income covering a $3,646/mo payment, not borrower’s personal income.
Single Family
Built in 2016
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: Gary Mills • Harry Norman Realtors - Marietta
Mls Name: NGBOR
Mls ID: #411594