842 Craigtown Rd #2EllijayGA30540
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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 Ellijay at 842 Craigtown Rd #2, Ellijay, GA, 30540 priced at $423,000 pairs $3,185/mo rent with $611/mo cash flow after a $2,070/mo payment. Total monthly income equals $3,185/mo, and annual cash flow comes to $7,331/yr on $140,225 invested. Return on cash invested is 25.14% in year one, and rental yield stands at 9.04% on a $423,000 basis. Equity gained on principal adds $2,730/yr, and 5% annual appreciation accumulates to $116,867 by year five. Five-year ROI measures 130.73% and total cumulative return in cash reaches $183,313. For financing, Ziffy Mortgage’s DSCR program evaluates $3,185/mo property income against a $2,070/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
2.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30540, Ellijay, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,365 (100%) |
| Owner Occupied HU | 6,883 (60.6%) |
| Renter Occupied HU | 1,606 (14.1%) |
| Vacant Housing Units | 2,876 (25.3%) |
| Median Home Value | $336,590 |
| Average Home Value | $386,093 |
Housing Distribution
Address Breakdown
Residential
9,582
Single Family
9,505
Multi-Family
77
Businesses
937
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