2386 Utility RdRocky FaceGA30740
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Nearby investment properties with comparable prices
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 Rocky Face at 2386 Utility Rd, Rocky Face, GA, 30740 offers a 9.91% rental yield on a $244,900 purchase with $2,023/mo rent. Total monthly income registers $2,023/mo, and a $1,199/mo payment leaves $532/mo available for distribution. Annual cash flow reaches $6,386/yr on $81,184 to close, and return on cash invested stands at 27.77% in year one. Equity gained on principal adds $1,580/yr while 5% annual appreciation supports $67,661 over five years. Portfolio math shows five-year ROI at 144.94% and total cumulative return in cash at $117,665. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,023/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1972
2.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30740, Rocky Face, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,471 (100%) |
| Owner Occupied HU | 2,671 (77.0%) |
| Renter Occupied HU | 607 (17.5%) |
| Vacant Housing Units | 193 ( 5.6%) |
| Median Home Value | $277,123 |
| Average Home Value | $318,682 |
Housing Distribution
Address Breakdown
Residential
3,396
Single Family
3,396
Multi-Family
0
Businesses
173
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Listed by: Drew Carey • EXP Realty, LLC
Mls Name: Greater Chattanooga Realtors
Mls ID: #1515918