392 Big Oconee River RdSpartaGA31087
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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 Sparta at 392 Big Oconee River Rd, Sparta, GA, 31087 offers a 3.13% rental yield on a $999,995 purchase with $2,606/mo rent. 37% in year one. Equity gained on principal adds $6,453/yr while 5% annual appreciation supports $276,280 over five years. Portfolio math shows five-year ROI at 35.42% and total cumulative return in cash at $116,546. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,606/mo property income against a $4,894/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31087, Sparta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,901 (100%) |
| Owner Occupied HU | 2,551 (52.1%) |
| Renter Occupied HU | 719 (14.7%) |
| Vacant Housing Units | 1,631 (33.3%) |
| Median Home Value | $139,082 |
| Average Home Value | $239,371 |
Housing Distribution
Address Breakdown
Residential
4,133
Single Family
4,084
Multi-Family
49
Businesses
209
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Listed by: Mandy Davis • Fickling Lake Country, LLC
Mls Name: MGMLS
Mls Provider:
Mls ID: #179060
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