466 Stone Ln #2CanonGA30520
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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 Canon at 466 Stone Ln #2, Canon, GA, 30520 priced at $749,900 pairs $5,869/mo rent with $1,305/mo cash flow after a $3,670/mo payment. Total monthly income equals $5,869/mo, and annual cash flow comes to $15,664/yr on $246,717 invested. Return on cash invested is 26.41% in year one, and rental yield stands at 9.39% on a $749,900 basis. Equity gained on principal adds $4,839/yr, and 5% annual appreciation accumulates to $207,184 by year five. Five-year ROI measures 137.53% and total cumulative return in cash reaches $339,322. For financing, Ziffy Mortgage’s DSCR program evaluates $5,869/mo property income against a $3,670/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30520, Canon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,024 (100%) |
| Owner Occupied HU | 1,373 (67.8%) |
| Renter Occupied HU | 407 (20.1%) |
| Vacant Housing Units | 244 (12.1%) |
| Median Home Value | $196,289 |
| Average Home Value | $247,578 |
Housing Distribution
Address Breakdown
Residential
1,896
Single Family
1,896
Multi-Family
0
Businesses
73
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Listed by: Heys Wade • Keller Williams Greater Athens
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1005501
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.