62 Oak StElbertonGA30635
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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
Investment property for sale in Elberton at 62 Oak St, Elberton, GA, 30635 uses $66,300 cash to close to unlock $2,456/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $1,422/mo, and a $979/mo payment keeps the spread at $205/mo. Purchase price stands at $200,000, and rental yield measures 8.53% with $1,422/mo rent. Return on cash invested shows 23.61% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 122.6% and total cumulative return in cash records $81,284. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,422/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30635, Elberton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,567 (100%) |
| Owner Occupied HU | 4,699 (62.1%) |
| Renter Occupied HU | 1,858 (24.6%) |
| Vacant Housing Units | 1,010 (13.3%) |
| Median Home Value | $142,758 |
| Average Home Value | $233,460 |
Housing Distribution
Address Breakdown
Residential
6,853
Single Family
6,648
Multi-Family
205
Businesses
760
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