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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Powder Springs at 198 McKinley Ct, Powder Springs, GA, 30127 at $324,900 posts ROI 23.6% with $331/mo cash flow from $2,352/mo rent. Total monthly income equals $2,352/mo, and annual cash flow records $3,975/yr on $107,704 to close. Return on cash invested measures 23.6% and rental yield reads 8.69% at the current $324,900. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 by year five. Five-year ROI prints 122.71% and total cumulative return in cash totals $132,161.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,352/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30127, Powder Springs, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,248 (100%) |
| Owner Occupied HU | 20,885 (82.7%) |
| Renter Occupied HU | 3,527 (14.0%) |
| Vacant Housing Units | 836 ( 3.3%) |
| Median Home Value | $391,963 |
| Average Home Value | $449,679 |
Residential
24,430
Single Family
24,286
Multi-Family
144
Businesses
1,083
Date | Event | Price |
|---|---|---|
| 2024-10-15 | Listed for sale | $324,900 |
| 2022-06-08 | Listing removed | N/A |
| 2022-05-27 | Listed for rent | $1,850 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $3218.18 | 31.45% | $123,444 | 43.36% |
| 2022-10-17 | $2448.17 | 13.05% | $86,108 | 15.17% |
| 2021-10-17 | $2165.61 | 7.53% | $74,768 | 8.83% |
Listed by: Isabella Frazier • Trelora Realty, Inc.
Mls Name: GAMLS
Mls Provider:
Mls ID: #10395823
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.
