744 Old Loving 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
Rental property for sale in Morganton at 744 Old Loving Rd, Morganton, GA, 30560 offers $2,160/mo rent that, after a $4,772/mo payment. Total monthly income is $2,160/mo. Return on cash invested measures 5.69% in year one, and rental yield stands at 2.66% at a $974,900 entry. Equity gained on principal adds $6,291/yr while 5% annual appreciation compounds into $269,347 by year five. Five-year ROI records 26.53% and total cumulative return in cash reaches $85,087. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $4,772/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
4.78 Acres lot
$N/A/sqft
$800 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: Meridith Bush • Keller Williams Realty Atlanta North
Mls Name: NGBOR
Mls ID: #417234
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.