302 Penn Station WayCartersvilleGA30120
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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
Investment property for sale in Cartersville at 302 Penn Station Way, Cartersville, GA, 30120 uses $94,444 cash to close to unlock $14,187/yr annual cash flow and $1,182/mo monthly cash flow. Total monthly income runs $2,944/mo, and a $1,394/mo payment keeps the spread at $1,182/mo. Purchase price stands at $284,900, and rental yield measures 12.4% with $2,944/mo rent. Return on cash invested shows 34.93% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 183.42% and total cumulative return in cash records $173,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,944/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Townhouse
Built in 2021
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30120, Cartersville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,341 (100%) |
| Owner Occupied HU | 12,088 (65.9%) |
| Renter Occupied HU | 5,138 (28.0%) |
| Vacant Housing Units | 1,115 ( 6.1%) |
| Median Home Value | $333,730 |
| Average Home Value | $372,662 |
Housing Distribution
Address Breakdown
Residential
17,396
Single Family
17,043
Multi-Family
353
Businesses
2,126
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Listed by: Kristina Valente • Atlanta Communities
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7433407
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