2113 Trace DrMonroeGA30655
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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 Monroe at 2113 Trace Dr, Monroe, GA, 30655 uses $142,877 cash to close to unlock $6,390/yr annual cash flow and $532/mo monthly cash flow. Total monthly income runs $3,182/mo, and a $2,110/mo payment keeps the spread at $532/mo. Purchase price stands at $431,000, and rental yield measures 8.86% with $3,182/mo rent. Return on cash invested shows 24.38% in year one, and 5% annual appreciation builds toward $119,077 over five years. Five-year ROI reaches 126.78% and total cumulative return in cash records $181,133. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,182/mo property income covering a $2,110/mo payment rather than investor’s personal income.
Single Family
Built in 1979
2.01 Acres lot
$N/A/sqft
$13 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30655, Monroe, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,019 (100%) |
| Owner Occupied HU | 7,579 (63.1%) |
| Renter Occupied HU | 3,844 (32.0%) |
| Vacant Housing Units | 596 ( 5.0%) |
| Median Home Value | $361,128 |
| Average Home Value | $383,636 |
Housing Distribution
Address Breakdown
Residential
11,277
Single Family
11,126
Multi-Family
151
Businesses
1,077
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