389 Mount Vernon DrCalhounGA30701
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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 Calhoun at 389 Mount Vernon Dr, Calhoun, GA, 30701 earns $309/mo cash flow from $1,356/mo rent with a $842/mo payment. Total monthly income totals $1,356/mo, and annual cash flow totals $3,708/yr on $57,018 capital. ROI tracks 26.41% on current figures, and rental yield reads 9.46% at a $172,000 purchase. Equity gained on principal adds $1,110/yr, and 5% annual appreciation supports $47,520 over five years. Five-year ROI reaches 137.66% and total cumulative return in cash sums $78,493. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,356/mo property income instead of your personal income.
Condo
Built in 1997
696.96 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
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