15 Elm St, Sparta, GA, 31087 | 5.75% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
4 Bath
2598 sft

109 Lake Forest Dr, Eatonton, GA, 31024

4 Bed
3 Bath
2044 sft

121 Woodcrest Dr, Eatonton, GA, 31024

4 Bed
5 Bath
3931 sft

140 Silver Birch Ln, Milledgeville, GA, 31061

4 Bed
3 Bath
3870 sft

3683 Sussex Ct NE, Milledgeville, GA, 31061

Nearby investment properties with comparable prices

3 Bed
3 Bath
3144 sft

119 Lullwater Ln, Eatonton, GA, 31024

4 Bed
4 Bath
2811 sft

1021 Planters Trl, Greensboro, GA, 30642

3 Bed
2 Bath
1310 sft

108 S Cay Dr SE, Milledgeville, GA, 31061

3 Bed
4 Bath
2453 sft

74 Poplar Ct, Sparta, GA, 31087

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Sparta at 15 Elm St, Sparta, GA, 31087 offers a 5.75% rental yield on a $799,000 purchase with $3,829/mo rent. 34% in year one. Equity gained on principal adds $5,156/yr while 5% annual appreciation supports $220,749 over five years. Portfolio math shows five-year ROI at 78.16% and total cumulative return in cash at $205,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,829/mo property income against a $3,911/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1840

4 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