431 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
Rental property for sale in Clarkesville at 431 Grindstone Creek Dr, Clarkesville, GA, 30523 offers $3,024/mo rent that, after a $2,423/mo payment, leaves $11/mo cash flow. Total monthly income is $3,024/mo, and annual cash flow is $133/yr on $164,093 cash. Return on cash invested measures 19.99% in year one, and rental yield stands at 7.33% at a $495,000 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,759 by year five. Five-year ROI records 103.16% and total cumulative return in cash reaches $169,282. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,024/mo property income versus a $2,423/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
1.47 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: Angelia Kiker • Century 21 Community Realty
Mls Name: GAMLS
Mls ID: #10560340