117 Summer StAdairsvilleGA30103
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
Investment Highlights
Rental property for sale in Adairsville at 117 Summer St, Adairsville, GA, 30103 generates $2,243/mo in rent and, after a $1,419/mo payment, leaves $479/mo in cash flow. Total monthly income is $2,243/mo, and annual cash flow is $5,742/yr on $96,102 invested. Return on cash invested sits at 25.88% in year one, and rental yield is 9.28% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 134.78% and total cumulative return in cash sums $129,525. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,243/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30103, Adairsville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,680 (100%) |
| Owner Occupied HU | 4,975 (74.5%) |
| Renter Occupied HU | 1,342 (20.1%) |
| Vacant Housing Units | 363 ( 5.4%) |
| Median Home Value | $290,093 |
| Average Home Value | $298,855 |
Housing Distribution
Address Breakdown
Residential
6,383
Single Family
6,295
Multi-Family
88
Businesses
412
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SHAWN GRIFFIN • BHGRE Metro Brokers
Mls Name: FMLS GA
Mls ID: #7703547