117 White StTallapoosaGA30176
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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
Rental property for sale in Tallapoosa at 117 White St, Tallapoosa, GA, 30176 priced at $219,900 converts $1,843/mo rent into $505/mo cash flow after a $1,076/mo obligation. Total monthly income equals $1,843/mo, and annual cash flow totals $6,059/yr on $72,897 invested. Return on cash invested prints 28.22% in year one, and rental yield reads 10.06% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 147.27% and total cumulative return in cash sums $107,356. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,843/mo property income covering a $1,076/mo payment, not borrower’s personal income.
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
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Listed by: Ashley Bragg • Grit Realty
Mls Name: GAMLS
Mls ID: #10615729