The Ellijay Plan, Garrett PreserveHiramGA30141
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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 Hiram at The Ellijay Plan, Garrett Preserve, Hiram, GA, 30141 priced at $345,900 converts $4,392/mo rent into $2,287/mo cash flow after a $1,693/mo obligation. Total monthly income equals $4,392/mo, and annual cash flow totals $27,442/yr on $114,666 invested. Return on cash invested prints 43.84% in year one, and rental yield reads 15.24% against a $345,900 entry. Equity gained on principal adds $2,232/yr, while 5% annual appreciation compiles into $95,566 by year five. Five-year ROI reaches 231.04% and total cumulative return in cash sums $264,923. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,392/mo property income covering a $1,693/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30141, Hiram, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,378 (100%) |
| Owner Occupied HU | 6,648 (70.9%) |
| Renter Occupied HU | 2,381 (25.4%) |
| Vacant Housing Units | 349 ( 3.7%) |
| Median Home Value | $287,441 |
| Average Home Value | $305,229 |
Housing Distribution
Address Breakdown
Residential
9,160
Single Family
8,479
Multi-Family
681
Businesses
1,073
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