146 E Side DrTallapoosaGA30176
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 146 E Side Dr, Tallapoosa, GA, 30176 in Tallapoosa deserves attention. This $250,000 property earns $2,262/mo in rent, a 10.86% gross yield, and nets $740/mo after the $1,124/mo payment. DSCR 2.01 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $69,070 compounds alongside $2,303/yr in yearly equity build, for a total cumulative return of $142,393.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 8.0% |
| Monthly Cash Flow | $740 | $300 |
City averages based on Tallapoosa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,262 |
| Total Monthly Debt Service | $1,422 |
| DSCR Ratio | 1.59x |
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 1960
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30176, Tallapoosa, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,247 (100%) |
| Owner Occupied HU | 2,063 (63.5%) |
| Renter Occupied HU | 893 (27.5%) |
| Vacant Housing Units | 291 ( 9.0%) |
| Median Home Value | $195,783 |
| Average Home Value | $232,024 |
Housing Distribution
Address Breakdown
Residential
2,847
Single Family
2,847
Multi-Family
0
Businesses
301
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 1960
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30176, Tallapoosa, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,247 (100%) |
| Owner Occupied HU | 2,063 (63.5%) |
| Renter Occupied HU | 893 (27.5%) |
| Vacant Housing Units | 291 ( 9.0%) |
| Median Home Value | $195,783 |
| Average Home Value | $232,024 |
Housing Distribution
Address Breakdown
Residential
2,847
Single Family
2,847
Multi-Family
0
Businesses
301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Allison Earick • Atlanta Communities
Mls Name: GAMLS
Mls ID: #10684305