862 Monticello DrEllijayGA30540
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 Ellijay at 862 Monticello Dr, Ellijay, GA, 30540 at $507,500 posts ROI 33.49% with $1,869/mo cash flow from $5,033/mo rent. Total monthly income equals $5,033/mo, and annual cash flow records $22,426/yr on $166,968 to close. Return on cash invested measures 33.49% and rental yield reads 11.9% at the current $507,500. Equity gained on principal adds $3,275/yr, and 5% annual appreciation supports $140,213 by year five. Five-year ROI prints 175.69% and total cumulative return in cash totals $293,350.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,033/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
0.66 Acres lot
$N/A/sqft
$905 annually 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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Nearby investment properties with comparable prices
Listed by: Brian Olivard • FIV Realty Co GA, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7478469
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