345 N Oliver StElbertonGA30635
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 345 N Oliver St, Elberton, GA, 30635 in Elberton: $2,596/mo in rent, $1,950/mo net, 31.15% gross yield, all on a $100,000 acquisition. The 5.77 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $27,628 in value, and $921/yr in principal paydown steadily builds equity. Projected total cumulative return: $163,529.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 31.2% | 7.0% |
| Monthly Cash Flow | $1,950 | $300 |
City averages based on Elberton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,596 |
| Total Monthly Debt Service | $606 |
| DSCR Ratio | 4.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1928
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30635, Elberton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,567 (100%) |
| Owner Occupied HU | 4,699 (62.1%) |
| Renter Occupied HU | 1,858 (24.6%) |
| Vacant Housing Units | 1,010 (13.3%) |
| Median Home Value | $142,758 |
| Average Home Value | $233,460 |
Housing Distribution
Address Breakdown
Residential
6,853
Single Family
6,648
Multi-Family
205
Businesses
760
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 1928
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30635, Elberton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,567 (100%) |
| Owner Occupied HU | 4,699 (62.1%) |
| Renter Occupied HU | 1,858 (24.6%) |
| Vacant Housing Units | 1,010 (13.3%) |
| Median Home Value | $142,758 |
| Average Home Value | $233,460 |
Housing Distribution
Address Breakdown
Residential
6,853
Single Family
6,648
Multi-Family
205
Businesses
760
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices