148 Maiden LnSpartaGA31087
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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 Sparta at 148 Maiden Ln, Sparta, GA, 31087 priced at $226,000 converts $2,027/mo rent into $652/mo cash flow after a $1,106/mo obligation. Total monthly income equals $2,027/mo, and annual cash flow totals $7,820/yr on $74,919 invested. Return on cash invested prints 30.35% in year one, and rental yield reads 10.76% against a $226,000 entry. Equity gained on principal adds $1,458/yr, while 5% annual appreciation compiles into $62,440 by year five. Five-year ROI reaches 158.68% and total cumulative return in cash sums $118,883. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,027/mo property income covering a $1,106/mo payment, not borrower’s personal income.
Single Family
Built in 1820
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31087, Sparta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,901 (100%) |
| Owner Occupied HU | 2,551 (52.1%) |
| Renter Occupied HU | 719 (14.7%) |
| Vacant Housing Units | 1,631 (33.3%) |
| Median Home Value | $139,082 |
| Average Home Value | $239,371 |
Housing Distribution
Address Breakdown
Residential
4,133
Single Family
4,084
Multi-Family
49
Businesses
209
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Listed by: David Rainey • Camelot Realty Group
Mls Name: HAR
Mls Provider:
Mls ID: #59711776
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