111 Carrs Station RdSpartaGA31087
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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 Sparta at 111 Carrs Station Rd, Sparta, GA, 31087 listed at $192,000 pairs $1,937/mo rent with a $940/mo payment to leave $768/mo cash flow. Total monthly income runs $1,937/mo, and annual cash flow reaches $9,218/yr on $63,648 cash to close. Return on cash invested measures 34.39% in year one, and rental yield registers 12.11% at a $192,000 basis. Equity gained on principal adds $1,239/yr, and annual property appreciation at 5% supports $53,046 by year five. Five-year ROI tracks 180.46% and total cumulative return in cash totals $114,856. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,937/mo property income relative to a $940/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31087, Sparta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,901 (100%) |
| Owner Occupied HU | 2,551 (52.1%) |
| Renter Occupied HU | 719 (14.7%) |
| Vacant Housing Units | 1,631 (33.3%) |
| Median Home Value | $139,082 |
| Average Home Value | $239,371 |
Housing Distribution
Address Breakdown
Residential
4,133
Single Family
4,084
Multi-Family
49
Businesses
209
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