186 Smokestack RdgFairmountGA30139
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
Investment Highlights
Investment property for sale in Fairmount at 186 Smokestack Rdg, Fairmount, GA, 30139 at $365,000 posts ROI 23.03% with $315/mo cash flow from $2,536/mo rent. Total monthly income equals $2,536/mo, and annual cash flow records $3,780/yr on $120,998 to close. Return on cash invested measures 23.03% and rental yield reads 8.34% at the current $365,000. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 by year five. Five-year ROI prints 119.5% and total cumulative return in cash totals $144,595.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,536/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30139, Fairmount, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,798 (100%) |
| Owner Occupied HU | 1,353 (75.3%) |
| Renter Occupied HU | 305 (17.0%) |
| Vacant Housing Units | 140 ( 7.8%) |
| Median Home Value | $306,410 |
| Average Home Value | $331,135 |
Housing Distribution
Address Breakdown
Residential
1,822
Single Family
1,822
Multi-Family
0
Businesses
88
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Nearby investment properties with comparable prices
Listed by: Gaylon Brinson • Century 21 Lindsey & Pauley
Mls Name: GAMLS
Mls Provider:
Mls ID: #10330133
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.