7 Herchel Mize Dr SWCave SpringGA30124
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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 Cave Spring at 7 Herchel Mize Dr SW, Cave Spring, GA, 30124 generates $2,432/mo in rent and, after a $1,346/mo payment, leaves $758/mo in cash flow. Total monthly income is $2,432/mo, and annual cash flow is $9,099/yr on $91,163 invested. Return on cash invested sits at 29.89% in year one, and rental yield is 10.61% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 156.26% and total cumulative return in cash sums $142,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,432/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30124, Cave Spring, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,479 (100%) |
| Owner Occupied HU | 950 (64.2%) |
| Renter Occupied HU | 368 (24.9%) |
| Vacant Housing Units | 161 (10.9%) |
| Median Home Value | $244,286 |
| Average Home Value | $296,403 |
Housing Distribution
Address Breakdown
Residential
1,171
Single Family
1,171
Multi-Family
0
Businesses
88
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Listed by: ARLENE MCCOY • Atlanta Communities
Mls Name: FMLS GA
Mls ID: #7640681