402 Waterford DrCalhounGA30701
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 402 Waterford Dr, Calhoun, GA, 30701 in Calhoun speaks for itself: 18.91% gross on a $122,900 price, generating $1,937/mo in rent and $1,086/mo in net income after the $553/mo debt service. DSCR 3.50, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,031 stacks alongside $33,955 in projected five-year appreciation and $1,132/yr in principal reduction. Projected total cumulative return: $117,073.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.9% | 8.0% |
| Monthly Cash Flow | $1,086 | $200 |
City averages based on Calhoun market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,937 |
| Total Monthly Debt Service | $799 |
| DSCR Ratio | 2.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2007
479.16 sqft lot
$N/A/sqft
$100 monthly 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
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
Condo
Built in 2007
479.16 sqft lot
$N/A/sqft
$100 monthly 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