3216 Cherokee St NWKennesawGA30144
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2% gross rental yield, 3216 Cherokee St NW, Kennesaw, GA, 30144 in Kennesaw is priced for capital growth, not immediate cash flow. The $1,490,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $411,660 by year five, with $12,491/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.35) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $112,749.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2% | 8.0% |
| Monthly Cash Flow | $(6,582) | $1,300 |
City averages based on Kennesaw market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,486 |
| Total Monthly Debt Service | $8,839 |
| DSCR Ratio | 0.28x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1955
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30144, Kennesaw, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,359 (100%) |
| Owner Occupied HU | 12,250 (52.4%) |
| Renter Occupied HU | 9,649 (41.3%) |
| Vacant Housing Units | 1,460 ( 6.3%) |
| Median Home Value | $384,638 |
| Average Home Value | $428,933 |
Housing Distribution
Address Breakdown
Residential
21,685
Single Family
15,505
Multi-Family
6,180
Businesses
2,265
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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
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