1407 E 2nd Ave SE,Rome,GA,30161

Investment Highlights

Investment property for sale in Rome at 1407 E 2nd Ave SE, Rome, GA, 30161 offers a 9.59% rental yield on a $179,900 purchase with $1,438/mo rent. Total monthly income registers $1,438/mo, and a $881/mo payment leaves $343/mo available for distribution. Annual cash flow reaches $4,111/yr on $59,637 to close, and return on cash invested stands at 26.8% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 139.68% and total cumulative return in cash at $83,301. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,438/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.