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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Carrollton at 121 Ashgate Way, Carrollton, GA, 30117 offers $2,044/mo rent that, after a $1,182/mo payment, leaves $504/mo cash flow. Total monthly income is $2,044/mo, and annual cash flow is $6,044/yr on $80,057 cash. Return on cash invested measures 27.46% in year one, and rental yield stands at 10.16% at a $241,500 entry. Equity gained on principal adds $1,558/yr while 5% annual appreciation compounds into $66,722 by year five. Five-year ROI records 143.6% and total cumulative return in cash reaches $114,965. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,044/mo property income versus a $1,182/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
6,969 sqft lot
$N/A/sqft
$120 annually HOA
Neighborhood data shown for ZIP Code: 30117, Carrollton, GA area.
| 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 |
Residential
14,863
Single Family
13,750
Multi-Family
1,113
Businesses
1,575
Date | Event | Price |
|---|---|---|
| 2025-08-22 | Sold | $241,500 |
| 2025-08-01 | Pending sale | $229,000 |
| 2025-07-22 | Price change | $229,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | $2732.01 | 5.71% | $99,986 | 8.89% |
| 2023-11-03 | $2584.48 | 17.03% | $91,821 | 21.37% |
| 2022-11-03 | $2208.31 | 14.29% | $75,653 | 14.29% |
What's Special
Pull Down Stairs
Listed by: MARK SPAIN • Mark Spain Real Estate
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7582491
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