36 Alcovy Springs DrNicholsonGA30565
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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 Nicholson at 36 Alcovy Springs Dr, Nicholson, GA, 30565 listed at $1,175,000 pairs $4,626/mo rent with a $5,751/mo payment. Total monthly income runs $4,626/mo. Return on cash invested measures 12.25% in year one, and rental yield registers 4.72% at a $1,175,000 basis. Equity gained on principal adds $7,582/yr, and annual property appreciation at 5% supports $324,631 by year five. Five-year ROI tracks 61.6% and total cumulative return in cash totals $234,514. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,626/mo property income relative to a $5,751/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
2.02 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30565, Nicholson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,876 (100%) |
| Owner Occupied HU | 1,401 (74.7%) |
| Renter Occupied HU | 361 (19.2%) |
| Vacant Housing Units | 114 ( 6.1%) |
| Median Home Value | $263,021 |
| Average Home Value | $305,212 |
Housing Distribution
Address Breakdown
Residential
1,841
Single Family
1,841
Multi-Family
0
Businesses
53
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Listed by: Kathy Farmer • Athens Real Estate Associates,
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1020677
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.