4638 Highway 63CarnesvilleGA30521
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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 Carnesville at 4638 Highway 63, Carnesville, GA, 30521 generates $1,903/mo in rent, after a $2,442/mo payment. Total monthly income is $1,903/mo. Return on cash invested sits at 11.69% in year one, and rental yield is 4.58% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 58.63% and total cumulative return in cash sums $96,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,903/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
16.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30521, Carnesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,661 (71.6%) |
| Renter Occupied HU | 379 (16.3%) |
| Vacant Housing Units | 280 (12.1%) |
| Median Home Value | $208,565 |
| Average Home Value | $309,485 |
Housing Distribution
Address Breakdown
Residential
2,115
Single Family
2,115
Multi-Family
0
Businesses
209
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Listed by: Martina Pusbach • Preferred GA Properties LLC
Mls Name: GAMLS
Mls ID: #10569622