111 Carriage Way SERomeGA30161
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 111 Carriage Way SE, Rome, GA, 30161 in Rome. At $424,000 it earns $3,457/mo in rent and distributes $313/mo to the owner after the $1,907/mo payment, a consistent 9.78% yield. DSCR 1.81 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $117,143 in value; $3,905/yr in principal paydown compounds ownership stake. Total projected return: $184,147.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 7.0% |
| Monthly Cash Flow | $313 | $300 |
City averages based on Rome market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,457 |
| Total Monthly Debt Service | $2,959 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2004
N/A lot
$N/A/sqft
$6,564 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2004
N/A lot
$N/A/sqft
$6,564 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices