1670 Back Penn RdSummervilleGA30747
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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 Summerville at 1670 Back Penn Rd, Summerville, GA, 30747 uses $64,609 cash to close to unlock $4,221/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $1,538/mo, and a $954/mo payment keeps the spread at $352/mo. Purchase price stands at $194,900, and rental yield measures 9.47% with $1,538/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 137.76% and total cumulative return in cash records $89,007. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,538/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30747, Summerville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,781 (100%) |
| Owner Occupied HU | 4,098 (60.4%) |
| Renter Occupied HU | 1,929 (28.4%) |
| Vacant Housing Units | 754 (11.1%) |
| Median Home Value | $138,110 |
| Average Home Value | $185,207 |
Housing Distribution
Address Breakdown
Residential
6,463
Single Family
6,235
Multi-Family
228
Businesses
480
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Listed by: Susie McGraw • Better Homes and Gardens Real Estate Jackson Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1523195