305 Adams StSpartaGA31087
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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 Sparta at 305 Adams St, Sparta, GA, 31087 uses $39,614 cash to close to unlock $2,155/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $907/mo, and a $585/mo payment keeps the spread at $180/mo. Purchase price stands at $119,500, and rental yield measures 9.11% with $907/mo rent. Return on cash invested shows 25.35% in year one, and 5% annual appreciation builds toward $33,016 over five years. Five-year ROI reaches 131.97% and total cumulative return in cash records $52,278. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $907/mo property income covering a $585/mo payment rather than investor’s personal income.
Single Family
Built in 1820
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31087, Sparta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,901 (100%) |
| Owner Occupied HU | 2,551 (52.1%) |
| Renter Occupied HU | 719 (14.7%) |
| Vacant Housing Units | 1,631 (33.3%) |
| Median Home Value | $139,082 |
| Average Home Value | $239,371 |
Housing Distribution
Address Breakdown
Residential
4,133
Single Family
4,084
Multi-Family
49
Businesses
209
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