94 Ridgecrest CirEllijayGA30540
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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 94 Ridgecrest Cir, Ellijay, GA, 30540 priced at $396,300 pairs $2,747/mo rent with $260/mo cash flow after a $1,940/mo payment. Total monthly income equals $2,747/mo, and annual cash flow comes to $3,115/yr on $131,373 invested. Return on cash invested is 22.28% in year one, and rental yield stands at 8.32% on a $396,300 basis. Equity gained on principal adds $2,557/yr, and 5% annual appreciation accumulates to $109,490 by year five. Five-year ROI measures 115.68% and total cumulative return in cash reaches $151,974. For financing, Ziffy Mortgage’s DSCR program evaluates $2,747/mo property income against a $1,940/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
N/A lot
$N/A/sqft
$902 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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Listed by: Susan Ayers • Clickit Realty, Inc.
Mls Name: NGBOR
Mls ID: #417772
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.