566 High Meadows DrMorgantonGA30560
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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
Total monthly income runs $3,396/mo, and a $4,155/mo payment. Purchase price stands at $849,000, and rental yield measures 4.8% with $3,396/mo rent. Return on cash invested shows 12.32% in year one, and 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 62.03% and total cumulative return in cash records $173,264. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,396/mo property income covering a $4,155/mo payment rather than investor’s personal income.
Single Family
Built in 2018
0.93 Acres lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30560, Morganton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,928 (100%) |
| Owner Occupied HU | 2,086 (53.1%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 1,500 (38.2%) |
| Median Home Value | $397,806 |
| Average Home Value | $451,924 |
Housing Distribution
Address Breakdown
Residential
2,752
Single Family
2,752
Multi-Family
0
Businesses
92
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Listed by: The Mountain Life Team • Keller Williams Elevate
Mls Name: NGBOR
Mls ID: #416396
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