367 Mount Vernon DrCalhounGA30701
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
Investment Highlights
Rental property for sale in Calhoun at 367 Mount Vernon Dr, Calhoun, GA, 30701 offers $1,937/mo rent that, after a $1,101/mo payment, leaves $568/mo cash flow. Total monthly income is $1,937/mo, and annual cash flow is $6,816/yr on $74,554 cash. Return on cash invested measures 29.05% in year one, and rental yield stands at 10.34% at a $224,900 entry. Equity gained on principal adds $1,451/yr while 5% annual appreciation compounds into $62,136 by year five. Five-year ROI records 151.74% and total cumulative return in cash reaches $113,125. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,937/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1996
906.05 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30701, Calhoun, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,271 (100%) |
| Owner Occupied HU | 10,664 (61.7%) |
| Renter Occupied HU | 5,610 (32.5%) |
| Vacant Housing Units | 997 ( 5.8%) |
| Median Home Value | $247,601 |
| Average Home Value | $288,486 |
Housing Distribution
Address Breakdown
Residential
16,652
Single Family
16,008
Multi-Family
644
Businesses
1,280
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices