342 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 342 E 2nd St, Blue Ridge, GA, 30513 priced at $494,900 pairs $1,786/mo rent with after a $2,422/mo payment. Total monthly income equals $1,786/mo. Return on cash invested is 10.94% in year one, and rental yield stands at 4.33% on a $494,900 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,732 by year five. Five-year ROI measures 54.64% and total cumulative return in cash reaches $89,643. For financing, Ziffy Mortgage’s DSCR program evaluates $1,786/mo property income against a $2,422/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
8,276 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: Julie Fitts-Queen • REMAX Town & Country - Blue Ridge
Mls Name: NGBOR
Mls ID: #415558