1680 Old Ringgold RdRocky FaceGA30740
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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 Rocky Face at 1680 Old Ringgold Rd, Rocky Face, GA, 30740 at $605,000 posts ROI 3.65% with from $960/mo rent. Total monthly income equals $960/mo. Return on cash invested measures 3.65% and rental yield reads 1.9% at the current $605,000. Equity gained on principal adds $3,904/yr, and 5% annual appreciation supports $167,150 by year five. Five-year ROI prints 15.5% and total cumulative return in cash totals $30,862. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $960/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30740, Rocky Face, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,471 (100%) |
| Owner Occupied HU | 2,671 (77.0%) |
| Renter Occupied HU | 607 (17.5%) |
| Vacant Housing Units | 193 ( 5.6%) |
| Median Home Value | $277,123 |
| Average Home Value | $318,682 |
Housing Distribution
Address Breakdown
Residential
3,396
Single Family
3,396
Multi-Family
0
Businesses
173
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Listed by: Grace Edrington • Berkshire Hathaway HomeServices J Douglas Properties
Mls Name: Greater Chattanooga Realtors
Mls ID: #1391552
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2024 by Chattanooga Association of REALTORS