240 Ridge Mill DrAcworthGA30102
Nearby investment properties with comparable rents
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
Rental property for sale in Acworth at 240 Ridge Mill Dr, Acworth, GA, 30102 generates $2,371/mo in rent and, after a $1,468/mo payment, leaves $546/mo in cash flow. Total monthly income is $2,371/mo, and annual cash flow is $6,547/yr on $99,417 invested. Return on cash invested sits at 26.49% in year one, and rental yield is 9.49% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 138.04% and total cumulative return in cash sums $137,236. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,371/mo property income rather than buyer’s personal income.
Townhouse
Built in 2007
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30102, Acworth, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,104 (100%) |
| Owner Occupied HU | 12,424 (68.6%) |
| Renter Occupied HU | 4,646 (25.7%) |
| Vacant Housing Units | 1,034 ( 5.7%) |
| Median Home Value | $360,664 |
| Average Home Value | $394,814 |
Housing Distribution
Address Breakdown
Residential
17,259
Single Family
16,001
Multi-Family
1,258
Businesses
658
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices