108 Springwood DrCarrolltonGA30117
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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 Carrollton at 108 Springwood Dr, Carrollton, GA, 30117 listed at $414,000 pairs $3,022/mo rent with a $2,026/mo payment to leave $503/mo cash flow. Total monthly income runs $3,022/mo, and annual cash flow reaches $6,032/yr on $137,241 cash to close. Return on cash invested measures 24.3% in year one, and rental yield registers 8.76% at a $414,000 basis. Equity gained on principal adds $2,671/yr, and annual property appreciation at 5% supports $114,381 by year five. Five-year ROI tracks 126.28% and total cumulative return in cash totals $173,311. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,022/mo property income relative to a $2,026/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30117, Carrollton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,341 (100%) |
| Owner Occupied HU | 8,287 (50.7%) |
| Renter Occupied HU | 6,863 (42.0%) |
| Vacant Housing Units | 1,191 ( 7.3%) |
| Median Home Value | $316,605 |
| Average Home Value | $347,958 |
Housing Distribution
Address Breakdown
Residential
14,863
Single Family
13,750
Multi-Family
1,113
Businesses
1,575
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Listed by: Heather Francis • NorthGroup Realty
Mls Name: FMLS GA
Mls ID: #7681524