130 Garden Ridge DrCarrolltonGA30116
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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 Carrollton at 130 Garden Ridge Dr, Carrollton, GA, 30116 priced at $139,000 pairs $1,092/mo rent with $246/mo cash flow after a $680/mo payment. Total monthly income equals $1,092/mo, and annual cash flow comes to $2,956/yr on $46,079 invested. Return on cash invested is 26.32% in year one, and rental yield stands at 9.43% on a $139,000 basis. Equity gained on principal adds $897/yr, and 5% annual appreciation accumulates to $38,403 by year five. Five-year ROI measures 137.18% and total cumulative return in cash reaches $63,212. For financing, Ziffy Mortgage’s DSCR program evaluates $1,092/mo property income against a $680/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1984
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30116, Carrollton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,700 (100%) |
| Owner Occupied HU | 6,966 (71.8%) |
| Renter Occupied HU | 2,171 (22.4%) |
| Vacant Housing Units | 563 ( 5.8%) |
| Median Home Value | $320,024 |
| Average Home Value | $378,749 |
Housing Distribution
Address Breakdown
Residential
9,276
Single Family
9,152
Multi-Family
124
Businesses
297
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Listed by: Trish Mardis • Real South Realty
Mls Name: GAMLS
Mls ID: #10654293