863 Ridge RdCantonGA30114
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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 Canton at 863 Ridge Rd, Canton, GA, 30114 offers a 8.26% rental yield on a $235,000 purchase with $1,618/mo rent. Total monthly income registers $1,618/mo, and a $1,150/mo payment leaves $188/mo available for distribution. Annual cash flow reaches $2,256/yr on $77,903 to close, and return on cash invested stands at 22.8% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 118.23% and total cumulative return in cash at $92,104. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,618/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30114, Canton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,247 (100%) |
| Owner Occupied HU | 17,154 (67.9%) |
| Renter Occupied HU | 6,931 (27.5%) |
| Vacant Housing Units | 1,162 ( 4.6%) |
| Median Home Value | $482,082 |
| Average Home Value | $518,011 |
Housing Distribution
Address Breakdown
Residential
23,978
Single Family
21,338
Multi-Family
2,640
Businesses
1,530
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