131 Greenhill Memorial Garden RdSummervilleGA30747
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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 Summerville at 131 Greenhill Memorial Garden Rd, Summerville, GA, 30747 priced at $205,000 converts $1,565/mo rent into $318/mo cash flow after a $1,003/mo obligation. Total monthly income equals $1,565/mo, and annual cash flow totals $3,813/yr on $67,958 invested. Return on cash invested prints 25.52% in year one, and rental yield reads 9.16% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 132.8% and total cumulative return in cash sums $90,246. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,565/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30747, Summerville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,781 (100%) |
| Owner Occupied HU | 4,098 (60.4%) |
| Renter Occupied HU | 1,929 (28.4%) |
| Vacant Housing Units | 754 (11.1%) |
| Median Home Value | $138,110 |
| Average Home Value | $185,207 |
Housing Distribution
Address Breakdown
Residential
6,463
Single Family
6,235
Multi-Family
228
Businesses
480
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Listed by: Linda Carter • The Source Real Estate Group
Mls Name: Greater Chattanooga Realtors
Mls ID: #1521047