150 Old Mill Rd UNIT 312CartersvilleGA30120
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
Investment Highlights
Rental property for sale in Cartersville at 150 Old Mill Rd UNIT 312, Cartersville, GA, 30120 generates $1,882/mo in rent, after a $1,388/mo payment. Total monthly income is $1,882/mo. Return on cash invested sits at 19.35% in year one, and rental yield is 7.97% on a $283,500 entry. Equity gained on principal adds $1,829/yr, while 5% annual appreciation builds toward $78,326 over five years. Five-year ROI reaches 100.68% and total cumulative return in cash sums $94,624. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,882/mo property income rather than buyer’s personal income.
Condo
Built in 2006
1,742 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30120, Cartersville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,341 (100%) |
| Owner Occupied HU | 12,088 (65.9%) |
| Renter Occupied HU | 5,138 (28.0%) |
| Vacant Housing Units | 1,115 ( 6.1%) |
| Median Home Value | $333,730 |
| Average Home Value | $372,662 |
Housing Distribution
Address Breakdown
Residential
17,396
Single Family
17,043
Multi-Family
353
Businesses
2,126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Williams • Keller Williams Realty Greater Dalton
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7445544
Disclaimer: Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please [click here](https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. 2024 First Multiple Listing Service, Inc. [Click here for more information](/info/mls-disclaimers/#mls_30)