354 Ridgeview CirMorgantonGA30560
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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
Investment Highlights
Rental property for sale in Morganton at 354 Ridgeview Cir, Morganton, GA, 30560 priced at $139,000 pairs $1,090/mo rent with $244/mo cash flow after a $680/mo payment. Total monthly income equals $1,090/mo, and annual cash flow comes to $2,932/yr on $46,079 invested. Return on cash invested is 26.27% in year one, and rental yield stands at 9.41% on a $139,000 basis. Equity gained on principal adds $897/yr, and 5% annual appreciation accumulates to $38,403 by year five. Five-year ROI measures 136.92% and total cumulative return in cash reaches $63,092. For financing, Ziffy Mortgage’s DSCR program evaluates $1,090/mo property income against a $680/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1998
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30560, Morganton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,928 (100%) |
| Owner Occupied HU | 2,086 (53.1%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 1,500 (38.2%) |
| Median Home Value | $397,806 |
| Average Home Value | $451,924 |
Housing Distribution
Address Breakdown
Residential
2,752
Single Family
2,752
Multi-Family
0
Businesses
92
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