181 Cobb RdChatsworthGA30705
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 181 Cobb Rd, Chatsworth, GA, 30705 in Chatsworth: $1,892/mo in rent, $493/mo in net income, 9.87% gross yield, 1.83 DSCR, all at $229,997. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $63,544 in appreciation and $2,118/yr in principal paydown projects total cumulative return of $118,797.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 7.0% |
| Monthly Cash Flow | $493 | $1,200 |
City averages based on Chatsworth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,892 |
| Total Monthly Debt Service | $1,308 |
| DSCR Ratio | 1.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2002
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30705, Chatsworth, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,800 (100%) |
| Owner Occupied HU | 9,000 (65.2%) |
| Renter Occupied HU | 3,835 (27.8%) |
| Vacant Housing Units | 965 ( 7.0%) |
| Median Home Value | $213,336 |
| Average Home Value | $283,556 |
Housing Distribution
Address Breakdown
Residential
12,765
Single Family
12,663
Multi-Family
102
Businesses
755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2002
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30705, Chatsworth, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,800 (100%) |
| Owner Occupied HU | 9,000 (65.2%) |
| Renter Occupied HU | 3,835 (27.8%) |
| Vacant Housing Units | 965 ( 7.0%) |
| Median Home Value | $213,336 |
| Average Home Value | $283,556 |
Housing Distribution
Address Breakdown
Residential
12,765
Single Family
12,663
Multi-Family
102
Businesses
755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jose Quijano • Virtual Properties Realty.com
Mls Name: GAMLS
Mls ID: #10588664