316 Mount Carmel Church RdChatsworthGA30705
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 Chatsworth at 316 Mount Carmel Church Rd, Chatsworth, GA, 30705 generates $2,440/mo in rent and, after a $1,662/mo payment, leaves $373/mo in cash flow. Total monthly income is $2,440/mo, and annual cash flow is $4,481/yr on $112,544 invested. Return on cash invested sits at 23.89% in year one, and rental yield is 8.62% on a $339,500 entry. Equity gained on principal adds $2,191/yr, while 5% annual appreciation builds toward $93,798 over five years. Five-year ROI reaches 124.07% and total cumulative return in cash sums $139,637. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,440/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
1.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30705, Chatsworth, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,800 (100%) |
| Owner Occupied HU | 9,000 (65.2%) |
| Renter Occupied HU | 3,835 (27.8%) |
| Vacant Housing Units | 965 ( 7.0%) |
| Median Home Value | $213,336 |
| Average Home Value | $283,556 |
Housing Distribution
Address Breakdown
Residential
12,765
Single Family
12,663
Multi-Family
102
Businesses
755
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Listed by: Matthew McFarlane • The Chattanooga Home Team
Mls Name: Greater Chattanooga Realtors
Mls ID: #1520295