22 W Iron Belt RdCartersvilleGA30120
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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
Rental property for sale in Cartersville at 22 W Iron Belt Rd, Cartersville, GA, 30120 generates $1,165/mo in rent and, after a $710/mo payment, leaves $282/mo in cash flow. Total monthly income is $1,165/mo, and annual cash flow is $3,387/yr on $48,068 invested. Return on cash invested sits at 26.95% in year one, and rental yield is 9.64% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 140.59% and total cumulative return in cash sums $67,580. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,165/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30120, Cartersville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,341 (100%) |
| Owner Occupied HU | 12,088 (65.9%) |
| Renter Occupied HU | 5,138 (28.0%) |
| Vacant Housing Units | 1,115 ( 6.1%) |
| Median Home Value | $333,730 |
| Average Home Value | $372,662 |
Housing Distribution
Address Breakdown
Residential
17,396
Single Family
17,043
Multi-Family
353
Businesses
2,126
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Listed by: Bonnie Mullinax • Keller Williams Northwest
Mls Name: GAMLS
Mls ID: #10653707