505 River Ridge RdClarkesvilleGA30523
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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 Clarkesville at 505 River Ridge Rd, Clarkesville, GA, 30523 generates $4,303/mo in rent, after a $7,337/mo payment. Total monthly income is $4,303/mo. Return on cash invested sits at 8.15% in year one, and rental yield is 3.44% on a $1,499,000 entry. Equity gained on principal adds $9,673/yr, while 5% annual appreciation builds toward $414,146 over five years. Five-year ROI reaches 39.67% and total cumulative return in cash sums $192,645. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,303/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
7.59 Acres lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30523, Clarkesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,148 (100%) |
| Owner Occupied HU | 4,797 (67.1%) |
| Renter Occupied HU | 1,046 (14.6%) |
| Vacant Housing Units | 1,305 (18.3%) |
| Median Home Value | $326,983 |
| Average Home Value | $430,806 |
Housing Distribution
Address Breakdown
Residential
6,157
Single Family
6,157
Multi-Family
0
Businesses
621
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Listed by: Meghann Brackett • Berkshire Hathaway HomeServices Georgia Properties
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7574063
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