1026 Wheel House Ln APT CMonroeGA30655
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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 Monroe at 1026 Wheel House Ln APT C, Monroe, GA, 30655 uses $64,643 cash to close to unlock $3,859/yr annual cash flow and $322/mo monthly cash flow. Total monthly income runs $1,508/mo, and a $954/mo payment keeps the spread at $322/mo. Purchase price stands at $195,000, and rental yield measures 9.28% with $1,508/mo rent. Return on cash invested shows 25.88% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 134.73% and total cumulative return in cash records $87,094. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,508/mo property income covering a $954/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30655, Monroe, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,019 (100%) |
| Owner Occupied HU | 7,579 (63.1%) |
| Renter Occupied HU | 3,844 (32.0%) |
| Vacant Housing Units | 596 ( 5.0%) |
| Median Home Value | $361,128 |
| Average Home Value | $383,636 |
Housing Distribution
Address Breakdown
Residential
11,277
Single Family
11,126
Multi-Family
151
Businesses
1,077
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