340 McFarlin BlvdCarnesvilleGA30521
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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
Investment property for sale in Carnesville at 340 McFarlin Blvd, Carnesville, GA, 30521 uses $102,765 cash to close to unlock $6,715/yr annual cash flow and $560/mo monthly cash flow. Total monthly income runs $2,446/mo, and a $1,517/mo payment keeps the spread at $560/mo. Purchase price stands at $310,000, and rental yield measures 9.47% with $2,446/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 137.76% and total cumulative return in cash records $141,571. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,446/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 2023
1 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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Listed by: Cloie Dunn • RE/MAX Classic
Mls Name: GAMLS
Mls ID: #10641369