773 Shorewood CirToccoaGA30577
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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 Toccoa at 773 Shorewood Cir, Toccoa, GA, 30577 uses $132,269 cash to close to unlock $2,982/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $2,677/mo, and a $1,953/mo payment keeps the spread at $249/mo. Purchase price stands at $399,000, and rental yield measures 8.05% with $2,677/mo rent. Return on cash invested shows 22.16% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 114.81% and total cumulative return in cash records $151,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,677/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30577, Toccoa, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,178 (100%) |
| Owner Occupied HU | 6,226 (61.2%) |
| Renter Occupied HU | 2,857 (28.1%) |
| Vacant Housing Units | 1,095 (10.8%) |
| Median Home Value | $211,071 |
| Average Home Value | $268,780 |
Housing Distribution
Address Breakdown
Residential
9,706
Single Family
9,517
Multi-Family
189
Businesses
914
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