228 Steele RdRossvilleGA30741
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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 Rossville at 228 Steele Rd, Rossville, GA, 30741 with 5% annual appreciation on a $235,000 basis while $2,345/mo rent supports operations. Total monthly income totals $2,345/mo and a $1,150/mo payment preserves $915/mo for cash returns. Annual cash flow comes to $10,980/yr on $77,903 deployed, and return on cash invested reaches 34% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 11.97%. Five-year ROI measures 178.27% and total cumulative return in cash totals $138,880.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,345/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30741, Rossville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,659 (100%) |
| Owner Occupied HU | 8,861 (60.4%) |
| Renter Occupied HU | 4,360 (29.7%) |
| Vacant Housing Units | 1,438 ( 9.8%) |
| Median Home Value | $165,954 |
| Average Home Value | $193,226 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
12,721
Multi-Family
518
Businesses
704
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