354 Oakridge Dr SECartersvilleGA30121
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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 Cartersville at 354 Oakridge Dr SE, Cartersville, GA, 30121 priced at $315,000 converts $2,436/mo rent into $519/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,436/mo, and annual cash flow totals $6,223/yr on $104,423 invested. Return on cash invested prints 25.87% in year one, and rental yield reads 9.28% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 134.68% and total cumulative return in cash sums $140,633. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,436/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30121, Cartersville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,104 (100%) |
| Owner Occupied HU | 6,112 (50.5%) |
| Renter Occupied HU | 4,948 (40.9%) |
| Vacant Housing Units | 1,044 ( 8.6%) |
| Median Home Value | $322,007 |
| Average Home Value | $349,513 |
Housing Distribution
Address Breakdown
Residential
10,441
Single Family
8,701
Multi-Family
1,740
Businesses
618
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Listed by: Arlene Dizon • Coldwell Banker Realty
Mls Name: GAMLS
Mls ID: #10615311