879 Mill Stone Mountain LnBlue RidgeGA30513
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 Blue Ridge at 879 Mill Stone Mountain Ln, Blue Ridge, GA, 30513 uses $180,621 cash to close to unlock $1,593/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $3,499/mo, and a $2,687/mo payment keeps the spread at $133/mo. Purchase price stands at $549,000, and rental yield measures 7.65% with $3,499/mo rent. Return on cash invested shows 20.94% in year one, and 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 108.26% and total cumulative return in cash records $195,548. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,499/mo property income covering a $2,687/mo payment rather than investor’s personal income.
Single Family
Built in 2003
1.64 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30513, Blue Ridge, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 4,239 (46.0%) |
| Renter Occupied HU | 1,398 (15.2%) |
| Vacant Housing Units | 3,579 (38.8%) |
| Median Home Value | $372,061 |
| Average Home Value | $477,859 |
Housing Distribution
Address Breakdown
Residential
6,318
Single Family
6,318
Multi-Family
0
Businesses
1,029
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nathan Fitts • Nathan Fitts & Team
Mls Name: NGBOR
Mls ID: #418557
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.