402 Picklesimer Mtn TrlMorgantonGA30560
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 Morganton at 402 Picklesimer Mtn Trl, Morganton, GA, 30560 priced at $865,000 pairs $3,887/mo rent with after a $4,234/mo payment. Total monthly income equals $3,887/mo. Return on cash invested is 14.15% in year one, and rental yield stands at 5.39% on a $865,000 basis. Equity gained on principal adds $5,582/yr, and 5% annual appreciation accumulates to $238,984 by year five. Five-year ROI measures 71.81% and total cumulative return in cash reaches $204,363. For financing, Ziffy Mortgage’s DSCR program evaluates $3,887/mo property income against a $4,234/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
1.57 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30560, Morganton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,928 (100%) |
| Owner Occupied HU | 2,086 (53.1%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 1,500 (38.2%) |
| Median Home Value | $397,806 |
| Average Home Value | $451,924 |
Housing Distribution
Address Breakdown
Residential
2,752
Single Family
2,752
Multi-Family
0
Businesses
92
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Listed by: Tracy Krohn • Keller Williams Elevate
Mls Name: NGBOR
Mls ID: #415730
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.