16 Flora Ave SERomeGA30161
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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 Rome at 16 Flora Ave SE, Rome, GA, 30161 offers $1,494/mo rent that, after a $898/mo payment, leaves $377/mo cash flow. Total monthly income is $1,494/mo, and annual cash flow is $4,528/yr on $60,830 cash. Return on cash invested measures 27.35% in year one, and rental yield stands at 9.77% at a $183,500 entry. Equity gained on principal adds $1,184/yr while 5% annual appreciation compounds into $50,698 by year five. Five-year ROI records 142.65% and total cumulative return in cash reaches $86,772. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,494/mo property income versus a $898/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
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Listed by: Shelley L. Womack • Legacy Properties
Mls Name: GAMLS
Mls Provider:
Mls ID: #10383901
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.