11 Simpson Dr NWRomeGA30165
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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 Rome at 11 Simpson Dr NW, Rome, GA, 30165 generates $1,190/mo in rent, after a $1,175/mo payment. Total monthly income is $1,190/mo. Return on cash invested sits at 15.82% in year one, and rental yield is 5.95% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 80.79% and total cumulative return in cash sums $64,274. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,190/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30165, Rome, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,177 (100%) |
| Owner Occupied HU | 9,600 (55.9%) |
| Renter Occupied HU | 6,382 (37.2%) |
| Vacant Housing Units | 1,195 ( 7.0%) |
| Median Home Value | $246,303 |
| Average Home Value | $296,058 |
Housing Distribution
Address Breakdown
Residential
16,854
Single Family
16,004
Multi-Family
850
Businesses
1,147
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