399 Grindstone Creek DrClarkesvilleGA30523
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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 Clarkesville at 399 Grindstone Creek Dr, Clarkesville, GA, 30523 listed at $538,500 pairs $3,248/mo rent with a $2,636/mo payment. Total monthly income runs $3,248/mo. Return on cash invested measures 19.86% in year one, and rental yield registers 7.24% at a $538,500 basis. Equity gained on principal adds $3,475/yr, and annual property appreciation at 5% supports $148,778 by year five. Five-year ROI tracks 102.42% and total cumulative return in cash totals $181,451. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,248/mo property income relative to a $2,636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30523, Clarkesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,148 (100%) |
| Owner Occupied HU | 4,797 (67.1%) |
| Renter Occupied HU | 1,046 (14.6%) |
| Vacant Housing Units | 1,305 (18.3%) |
| Median Home Value | $326,983 |
| Average Home Value | $430,806 |
Housing Distribution
Address Breakdown
Residential
6,157
Single Family
6,157
Multi-Family
0
Businesses
621
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Listed by: Virginia J Harris • Living Down South Realty
Mls Name: GAMLS
Mls ID: #10609467