






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 Pelham at 199 Carroll St NE, Pelham, GA, 31779 offers a 9.66% rental yield on a $199,900 purchase with $1,609/mo rent. Total monthly income registers $1,609/mo, and a $978/mo payment leaves $393/mo available for distribution. Annual cash flow reaches $4,713/yr on $66,267 to close, and return on cash invested stands at 27.02% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 140.85% and total cumulative return in cash at $93,337. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,609/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1,275 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31779, Pelham, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,244 (100%) |
| Owner Occupied HU | 1,953 (60.2%) |
| Renter Occupied HU | 989 (30.5%) |
| Vacant Housing Units | 302 ( 9.3%) |
| Median Home Value | $171,338 |
| Average Home Value | $224,224 |
Residential
3,105
Single Family
3,081
Multi-Family
24
Businesses
226
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Amanda Lovett • Janice Smith Realty, LLC
Mls Name: TABRMLS
Mls ID: #926233