502 Nautical WayHiawasseeGA30546
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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 Hiawassee at 502 Nautical Way, Hiawassee, GA, 30546 offers $2,970/mo rent that, after a $3,808/mo payment. Total monthly income is $2,970/mo. Return on cash invested measures 11.48% in year one, and rental yield stands at 4.58% at a $778,000 entry. Equity gained on principal adds $5,020/yr while 5% annual appreciation compounds into $214,947 by year five. Five-year ROI records 57.6% and total cumulative return in cash reaches $147,445. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,970/mo property income versus a $3,808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
5,662 sqft lot
$N/A/sqft
$770 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30546, Hiawassee, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,403 (100%) |
| Owner Occupied HU | 3,110 (48.6%) |
| Renter Occupied HU | 728 (11.4%) |
| Vacant Housing Units | 2,565 (40.1%) |
| Median Home Value | $412,834 |
| Average Home Value | $468,194 |
Housing Distribution
Address Breakdown
Residential
4,802
Single Family
4,674
Multi-Family
128
Businesses
479
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Listed by: Nona Hodnett • Mountain Realty
Mls Name: NGBOR
Mls ID: #417856
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.