968 SummitEllijayGA30540
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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 Ellijay at 968 Summit, Ellijay, GA, 30540 uses $90,168 cash to close to unlock $8,098/yr annual cash flow and $675/mo monthly cash flow. Total monthly income runs $2,330/mo, and a $1,331/mo payment keeps the spread at $675/mo. Purchase price stands at $272,000, and rental yield measures 10.28% with $2,330/mo rent. Return on cash invested shows 28.89% in year one, and 5% annual appreciation builds toward $75,149 over five years. Five-year ROI reaches 150.87% and total cumulative return in cash records $136,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,330/mo property income covering a $1,331/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.58 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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