467 Necowa Cove OverlookBlue RidgeGA30513
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 467 Necowa Cove Overlook, Blue Ridge, GA, 30513 in Blue Ridge. Rental yield 7.05%. The 1.31 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $192,016 and $6,401/yr in principal reduction project total return of $253,840.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 8.0% |
| Monthly Cash Flow | $(146) | $1,500 |
City averages based on Blue Ridge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,084 |
| Total Monthly Debt Service | $3,953 |
| DSCR Ratio | 1.03x |
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.
Single Family
Built in 2001
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30513, Blue Ridge, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 4,239 (46.0%) |
| Renter Occupied HU | 1,398 (15.2%) |
| Vacant Housing Units | 3,579 (38.8%) |
| Median Home Value | $372,061 |
| Average Home Value | $477,859 |
Housing Distribution
Address Breakdown
Residential
6,318
Single Family
6,318
Multi-Family
0
Businesses
1,029
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
Single Family
Built in 2001
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30513, Blue Ridge, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 4,239 (46.0%) |
| Renter Occupied HU | 1,398 (15.2%) |
| Vacant Housing Units | 3,579 (38.8%) |
| Median Home Value | $372,061 |
| Average Home Value | $477,859 |
Housing Distribution
Address Breakdown
Residential
6,318
Single Family
6,318
Multi-Family
0
Businesses
1,029
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara Shrewsbury • REMAX Town & Country - BR Downtown
Mls Name: NGBOR
Mls ID: #415891
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.