699 Ridgeview RdMorgantonGA30560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Morganton at 699 Ridgeview Rd, Morganton, GA, 30560 listed at $125,000 pairs $953/mo rent with a $612/mo payment to leave $192/mo cash flow. Total monthly income runs $953/mo, and annual cash flow reaches $2,304/yr on $41,438 cash to close. Return on cash invested measures 25.47% in year one, and rental yield registers 9.15% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 132.67% and total cumulative return in cash totals $54,977. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $953/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
0.35 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Queen • Ansley Real Estate Christie's Int. Real Estate
Mls Name: NGBOR
Mls ID: #413048
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.