138 Diamond CtCarrolltonGA30116
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 138 Diamond Ct, Carrollton, GA, 30116 in Carrollton: $2,449/mo in rent, $912/mo net, 11.64% gross yield, all on a $252,500 acquisition. The 2.16 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $69,761 in value, and $2,326/yr in principal paydown steadily builds equity. Projected total cumulative return: $154,398.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 7.0% |
| Monthly Cash Flow | $912 | $1,200 |
City averages based on Carrollton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,449 |
| Total Monthly Debt Service | $1,436 |
| DSCR Ratio | 1.71x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
0.74 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
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
Single Family
Built in 2003
0.74 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandy Minor • Keller Williams Realty Cityside
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7630124
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