1701 N Summit Dr UNIT 218DaltonGA30721
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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 Dalton at 1701 N Summit Dr UNIT 218, Dalton, GA, 30721 listed at $265,000 pairs $3,190/mo rent with a $1,297/mo payment to leave $1,407/mo cash flow. Total monthly income runs $3,190/mo, and annual cash flow reaches $16,887/yr on $87,848 cash to close. Return on cash invested measures 39.13% in year one, and rental yield registers 14.45% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 206.68% and total cumulative return in cash totals $181,563. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,190/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2001
4,791 sqft lot
$N/A/sqft
$170 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30721, Dalton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,170 (100%) |
| Owner Occupied HU | 11,676 (60.9%) |
| Renter Occupied HU | 6,339 (33.1%) |
| Vacant Housing Units | 1,155 ( 6.0%) |
| Median Home Value | $220,428 |
| Average Home Value | $277,503 |
Housing Distribution
Address Breakdown
Residential
19,102
Single Family
18,042
Multi-Family
1,060
Businesses
1,708
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Listed by: Lisa Sloan • Coldwell Banker Kinard Realty - Ga
Mls Name: Greater Chattanooga Realtors
Mls ID: #1397103
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