278 Oak Hill DrRockmartGA30153
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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 Rockmart at 278 Oak Hill Dr, Rockmart, GA, 30153 priced at $284,000 converts $2,008/mo rent into $280/mo cash flow after a $1,390/mo obligation. Total monthly income equals $2,008/mo, and annual cash flow totals $3,355/yr on $94,146 invested. Return on cash invested prints 23.47% in year one, and rental yield reads 8.48% against a $284,000 entry. Equity gained on principal adds $1,833/yr, while 5% annual appreciation compiles into $78,464 by year five. Five-year ROI reaches 121.82% and total cumulative return in cash sums $114,689. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,008/mo property income covering a $1,390/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30153, Rockmart, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,124 (100%) |
| Owner Occupied HU | 5,576 (68.6%) |
| Renter Occupied HU | 2,112 (26.0%) |
| Vacant Housing Units | 436 ( 5.4%) |
| Median Home Value | $218,967 |
| Average Home Value | $254,561 |
Housing Distribution
Address Breakdown
Residential
7,805
Single Family
7,745
Multi-Family
60
Businesses
520
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