111 Carriage Way SERomeGA30161
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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 Rome at 111 Carriage Way SE, Rome, GA, 30161 offers a 9.78% rental yield on a $424,000 purchase with $3,457/mo rent. Total monthly income registers $3,457/mo, and a $2,075/mo payment leaves $330/mo available for distribution. Annual cash flow reaches $3,957/yr on $140,556 to close, and return on cash invested stands at 22.72% in year one. Equity gained on principal adds $2,736/yr while 5% annual appreciation supports $117,143 over five years. Portfolio math shows five-year ROI at 119.49% and total cumulative return in cash at $167,955. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,457/mo property income against a $2,075/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
$6,564 annually HOA
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Listed by: M.J. Chisholm • Hardy Realty & Dev. Company
Mls Name: GAMLS
Mls Provider:
Mls ID: #10368938
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