417 Hickory Ridge DrClevelandGA30528
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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
Rental property for sale in Cleveland at 417 Hickory Ridge Dr, Cleveland, GA, 30528 offers $3,418/mo rent that, after a $2,373/mo payment, leaves $467/mo cash flow. Total monthly income is $3,418/mo, and annual cash flow is $5,606/yr on $160,744 cash. Return on cash invested measures 23.4% in year one, and rental yield stands at 8.46% at a $484,900 entry. Equity gained on principal adds $3,129/yr while 5% annual appreciation compounds into $133,969 by year five. Five-year ROI records 121.43% and total cumulative return in cash reaches $195,187. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,418/mo property income versus a $2,373/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30528, Cleveland, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,778 (100%) |
| Owner Occupied HU | 7,249 (67.3%) |
| Renter Occupied HU | 2,150 (19.9%) |
| Vacant Housing Units | 1,379 (12.8%) |
| Median Home Value | $316,813 |
| Average Home Value | $354,759 |
Housing Distribution
Address Breakdown
Residential
9,869
Single Family
9,726
Multi-Family
143
Businesses
935
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