304 Draft StRossvilleGA30741
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 Rossville at 304 Draft St, Rossville, GA, 30741 priced at $365,780 converts $2,338/mo rent into $112/mo cash flow after a $1,790/mo obligation. Total monthly income equals $2,338/mo, and annual cash flow totals $1,345/yr on $121,256 invested. Return on cash invested prints 21.02% in year one, and rental yield reads 7.67% against a $365,780 entry. Equity gained on principal adds $2,360/yr, while 5% annual appreciation compiles into $101,058 by year five. Five-year ROI reaches 108.69% and total cumulative return in cash sums $131,796. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,338/mo property income covering a $1,790/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30741, Rossville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,659 (100%) |
| Owner Occupied HU | 8,861 (60.4%) |
| Renter Occupied HU | 4,360 (29.7%) |
| Vacant Housing Units | 1,438 ( 9.8%) |
| Median Home Value | $165,954 |
| Average Home Value | $193,226 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
12,721
Multi-Family
518
Businesses
704
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