118 Rice RdRockmartGA30153
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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 Rockmart at 118 Rice Rd, Rockmart, GA, 30153 priced at $575,000 pairs $2,176/mo rent with after a $2,814/mo payment. Total monthly income equals $2,176/mo. Return on cash invested is 11.67% in year one, and rental yield stands at 4.54% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 58.47% and total cumulative return in cash reaches $110,615. For financing, Ziffy Mortgage’s DSCR program evaluates $2,176/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
8.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30153, Rockmart, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,124 (100%) |
| Owner Occupied HU | 5,576 (68.6%) |
| Renter Occupied HU | 2,112 (26.0%) |
| Vacant Housing Units | 436 ( 5.4%) |
| Median Home Value | $218,967 |
| Average Home Value | $254,561 |
Housing Distribution
Address Breakdown
Residential
7,805
Single Family
7,745
Multi-Family
60
Businesses
520
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