117 White StTallapoosaGA30176
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 117 White St, Tallapoosa, GA, 30176 in Tallapoosa: $1,843/mo in rent, $505/mo net, 10.06% gross yield, all on a $219,900 acquisition. The 1.86 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $60,754 in value, and $2,025/yr in principal paydown steadily builds equity. Projected total cumulative return: $115,745.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 8.0% |
| Monthly Cash Flow | $505 | $300 |
City averages based on Tallapoosa market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,843 |
| Total Monthly Debt Service | $1,251 |
| DSCR Ratio | 1.47x |
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.
Single Family
Built in 1948
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30176, Tallapoosa, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,247 (100%) |
| Owner Occupied HU | 2,063 (63.5%) |
| Renter Occupied HU | 893 (27.5%) |
| Vacant Housing Units | 291 ( 9.0%) |
| Median Home Value | $195,783 |
| Average Home Value | $232,024 |
Housing Distribution
Address Breakdown
Residential
2,847
Single Family
2,847
Multi-Family
0
Businesses
301
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
Single Family
Built in 1948
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30176, Tallapoosa, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,247 (100%) |
| Owner Occupied HU | 2,063 (63.5%) |
| Renter Occupied HU | 893 (27.5%) |
| Vacant Housing Units | 291 ( 9.0%) |
| Median Home Value | $195,783 |
| Average Home Value | $232,024 |
Housing Distribution
Address Breakdown
Residential
2,847
Single Family
2,847
Multi-Family
0
Businesses
301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Bragg • Grit Realty
Mls Name: GAMLS
Mls ID: #10615729