1638 Prospect RdRockmartGA30104
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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
Investment property for sale in Rockmart at 1638 Prospect Rd, Rockmart, GA, 30104 offers a 7.1% rental yield on a $225,000 purchase with $1,331/mo rent. 3% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 99.42% and total cumulative return in cash at $74,157. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,331/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
2,003 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30104, Aragon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,062 (100%) |
| Owner Occupied HU | 1,477 (71.6%) |
| Renter Occupied HU | 466 (22.6%) |
| Vacant Housing Units | 119 ( 5.8%) |
| Median Home Value | $238,382 |
| Average Home Value | $286,445 |
Housing Distribution
Address Breakdown
Residential
1,874
Single Family
1,874
Multi-Family
0
Businesses
55
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