LOT 17 Rich Mountain OverlookCherry LogGA30522
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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 Cherry Log at LOT 17 Rich Mountain Overlook, Cherry Log, GA, 30522 priced at $1,275,000 pairs $6,301/mo rent with after a $6,240/mo payment. Total monthly income equals $6,301/mo. Return on cash invested is 15.89% in year one, and rental yield stands at 5.93% on a $1,275,000 basis. Equity gained on principal adds $8,227/yr, and 5% annual appreciation accumulates to $352,259 by year five. Five-year ROI measures 81.16% and total cumulative return in cash reaches $335,258. For financing, Ziffy Mortgage’s DSCR program evaluates $6,301/mo property income against a $6,240/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
1.96 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30522, Cherrylog, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,147 (100%) |
| Owner Occupied HU | 511 (44.6%) |
| Renter Occupied HU | 53 ( 4.6%) |
| Vacant Housing Units | 583 (50.8%) |
| Median Home Value | $512,127 |
| Average Home Value | $610,117 |
Housing Distribution
Address Breakdown
Residential
732
Single Family
732
Multi-Family
0
Businesses
24
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Listed by: Christy Reece • Mountain Place Realty
Mls Name: NGBOR
Mls ID: #416049
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.