324 Spruce StCedartownGA30125
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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
Rental property for sale in Cedartown at 324 Spruce St, Cedartown, GA, 30125 offers $1,151/mo rent that, after a $685/mo payment, leaves $299/mo cash flow. Total monthly income is $1,151/mo, and annual cash flow is $3,591/yr on $46,377 cash. Return on cash invested measures 27.65% in year one, and rental yield stands at 9.87% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 144.31% and total cumulative return in cash reaches $66,927. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,151/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1950
0.29 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Sandi Smith • Drake Realty, Inc
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7421276
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