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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 Rockmart at 221 New Vinson Mountain Rd, Rockmart, GA, 30153 offers a 9.3% rental yield on a $150,000 purchase with $1,163/mo rent. Total monthly income registers $1,163/mo, and a $734/mo payment leaves $244/mo available for distribution. Annual cash flow reaches $2,932/yr on $49,725 to close, and return on cash invested stands at 25.81% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 134.46% and total cumulative return in cash at $66,858. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,163/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30153, Rockmart, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,124 (100%) |
| Owner Occupied HU | 5,576 (68.6%) |
| Renter Occupied HU | 2,112 (26.0%) |
| Vacant Housing Units | 436 ( 5.4%) |
| Median Home Value | $218,967 |
| Average Home Value | $254,561 |
Residential
7,805
Single Family
7,745
Multi-Family
60
Businesses
520
Date | Event | Price |
|---|---|---|
| 2020-05-11 | Sold | $51,063 |
| 2002-07-11 | Sold | $50,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-21 | $1315.56 | -5.38% | $51,804 | -2.87% |
| 2023-04-21 | $1390.36 | 17.37% | $53,332 | 30.83% |
| 2022-04-21 | $1184.60 | 95.28% | $40,764 | 26.11% |
Listed by: MARK SPAIN • Mark Spain Real Estate
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7563044
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