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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 124 Millstream Ct, Carrollton, GA, 30117 priced at $249,900 pairs $1,810/mo rent with $266/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,810/mo, and annual cash flow comes to $3,191/yr on $82,842 invested. Return on cash invested is 23.76% in year one, and rental yield stands at 8.69% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 123.48% and total cumulative return in cash reaches $102,290. For financing, Ziffy Mortgage’s DSCR program evaluates $1,810/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-08-23 | Price change | $249,900 |
| 2024-06-27 | Listed for sale | $269,900 |
| 2014-04-08 | Listing removed | $950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2354.72 | 14.05% | $83,658 | 18.28% |
| 2022-10-16 | $2064.58 | 11.87% | $70,729 | 11.87% |
| 2021-10-16 | $1845.52 | 6.80% | $63,222 | 7.90% |
Listed by: Paula Waters • Georgia West Realty Inc
Mls Name: GAMLS
Mls Provider:
Mls ID: #10327633
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
