2715 Quarles RdRocky FaceGA30740
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 Rocky Face at 2715 Quarles Rd, Rocky Face, GA, 30740 priced at $255,900 converts $2,993/mo rent into $1,435/mo cash flow after a $1,253/mo obligation. Total monthly income equals $2,993/mo, and annual cash flow totals $17,221/yr on $84,831 invested. Return on cash invested prints 40.21% in year one, and rental yield reads 14.04% against a $255,900 entry. Equity gained on principal adds $1,651/yr, while 5% annual appreciation compiles into $70,700 by year five. Five-year ROI reaches 211.62% and total cumulative return in cash sums $179,522. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,993/mo property income covering a $1,253/mo payment, not borrower’s personal income.
Single Family
Built in 2021
0.80 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: Lisa Sloan • Coldwell Banker Kinard Realty - Ga
Mls Name: Greater Chattanooga Realtors
Mls ID: #1397086
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2024 by Chattanooga Association of REALTORS