500 S Pond StToccoaGA30577
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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 Toccoa at 500 S Pond St, Toccoa, GA, 30577 offers $912/mo rent that, after a $562/mo payment, leaves $213/mo cash flow. Total monthly income is $912/mo, and annual cash flow is $2,557/yr on $38,089 cash. Return on cash invested measures 26.62% in year one, and rental yield stands at 9.52% at a $114,900 entry. Equity gained on principal adds $741/yr while 5% annual appreciation compounds into $31,745 by year five. Five-year ROI records 138.85% and total cumulative return in cash reaches $52,886. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $912/mo property income versus a $562/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30577, Toccoa, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,178 (100%) |
| Owner Occupied HU | 6,226 (61.2%) |
| Renter Occupied HU | 2,857 (28.1%) |
| Vacant Housing Units | 1,095 (10.8%) |
| Median Home Value | $211,071 |
| Average Home Value | $268,780 |
Housing Distribution
Address Breakdown
Residential
9,706
Single Family
9,517
Multi-Family
189
Businesses
914
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