213 Iron St NWRomeGA30165
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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 Rome at 213 Iron St NW, Rome, GA, 30165 offers a 9.55% rental yield on a $180,000 purchase with $1,433/mo rent. Total monthly income registers $1,433/mo, and a $881/mo payment leaves $338/mo available for distribution. Annual cash flow reaches $4,050/yr on $59,670 to close, and return on cash invested stands at 26.7% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 139.13% and total cumulative return in cash at $83,021. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,433/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30165, Rome, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,177 (100%) |
| Owner Occupied HU | 9,600 (55.9%) |
| Renter Occupied HU | 6,382 (37.2%) |
| Vacant Housing Units | 1,195 ( 7.0%) |
| Median Home Value | $246,303 |
| Average Home Value | $296,058 |
Housing Distribution
Address Breakdown
Residential
16,854
Single Family
16,004
Multi-Family
850
Businesses
1,147
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