347 Morgan Creek RdPendergrassGA30567
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 347 Morgan Creek Rd, Pendergrass, GA, 30567 in Pendergrass at $411,980 earns $2,520/mo in rent and nets $13/mo after the $1,853/mo payment, a 7.34% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $113,822 over five years. Ziffy Mortgage underwrites this on a 1.36 DSCR without U.S. credit history. With $3,794/yr in principal paydown, total projected return reaches $156,859.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.0% |
| Monthly Cash Flow | $13 | $250 |
City averages based on Pendergrass market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,520 |
| Total Monthly Debt Service | $2,343 |
| DSCR Ratio | 1.08x |
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 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30567, Pendergrass, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,988 (100%) |
| Owner Occupied HU | 1,891 (63.3%) |
| Renter Occupied HU | 857 (28.7%) |
| Vacant Housing Units | 240 ( 8.0%) |
| Median Home Value | $384,856 |
| Average Home Value | $435,001 |
Housing Distribution
Address Breakdown
Residential
2,694
Single Family
2,694
Multi-Family
0
Businesses
115
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 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30567, Pendergrass, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,988 (100%) |
| Owner Occupied HU | 1,891 (63.3%) |
| Renter Occupied HU | 857 (28.7%) |
| Vacant Housing Units | 240 ( 8.0%) |
| Median Home Value | $384,856 |
| Average Home Value | $435,001 |
Housing Distribution
Address Breakdown
Residential
2,694
Single Family
2,694
Multi-Family
0
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A