1196 N 113th HwyCarrolltonGA30117
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 Carrollton at 1196 N 113th Hwy, Carrollton, GA, 30117 generates $1,241/mo in rent, after a $1,263/mo payment. Total monthly income is $1,241/mo. Return on cash invested sits at 15.29% in year one, and rental yield is 5.77% on a $258,000 entry. Equity gained on principal adds $1,665/yr, while 5% annual appreciation builds toward $71,281 over five years. Five-year ROI reaches 77.93% and total cumulative return in cash sums $66,650. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,241/mo property income rather than buyer’s personal income.
Single Family
Built in 1861
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30117, Carrollton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,341 (100%) |
| Owner Occupied HU | 8,287 (50.7%) |
| Renter Occupied HU | 6,863 (42.0%) |
| Vacant Housing Units | 1,191 ( 7.3%) |
| Median Home Value | $316,605 |
| Average Home Value | $347,958 |
Housing Distribution
Address Breakdown
Residential
14,863
Single Family
13,750
Multi-Family
1,113
Businesses
1,575
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dena Lynn Sosebee • Southern Flair Realty, Inc.
Mls Name: GAMLS
Mls ID: #10649659