27 Fernwood Way NERomeGA30161
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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 Rome at 27 Fernwood Way NE, Rome, GA, 30161 priced at $298,800 pairs $3,332/mo rent with $1,514/mo cash flow after a $1,462/mo payment. Total monthly income equals $3,332/mo, and annual cash flow comes to $18,167/yr on $99,052 invested. Return on cash invested is 38.25% in year one, and rental yield stands at 13.38% on a $298,800 basis. Equity gained on principal adds $1,928/yr, and 5% annual appreciation accumulates to $82,553 by year five. Five-year ROI measures 201.05% and total cumulative return in cash reaches $199,147. For financing, Ziffy Mortgage’s DSCR program evaluates $3,332/mo property income against a $1,462/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
0.41 Acres lot
$N/A/sqft
No HOA
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Listed by: Steve Graves • Hardy Realty & Dev. Company
Mls Name: GAMLS
Mls Provider:
Mls ID: #10320341
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.