37 Sparks Cutoff RdSparksGA31647
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Sparks at 37 Sparks Cutoff Rd, Sparks, GA, 31647 projects strong ROI of -1.28%. Rental yield 0.54%. With 5% annual appreciation, the property builds $732,146 in value over five years. Equity growth combined delivers a projected five-year ROI of 5.75%, translating into $43,019 in total cumulative return on $748,625 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.5% | 7.0% |
| Monthly Cash Flow | $(14,928) | $800 |
City averages based on Sparks market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,200 |
| Total Monthly Debt Service | $15,074 |
| DSCR Ratio | 0.08x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in N/A
9.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31647, Sparks, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,453 (100%) |
| Owner Occupied HU | 815 (56.1%) |
| Renter Occupied HU | 470 (32.3%) |
| Vacant Housing Units | 168 (11.6%) |
| Median Home Value | $136,607 |
| Average Home Value | $161,610 |
Housing Distribution
Address Breakdown
Residential
1,258
Single Family
1,258
Multi-Family
0
Businesses
48
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
Multi Family
Built in N/A
9.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31647, Sparks, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,453 (100%) |
| Owner Occupied HU | 815 (56.1%) |
| Renter Occupied HU | 470 (32.3%) |
| Vacant Housing Units | 168 (11.6%) |
| Median Home Value | $136,607 |
| Average Home Value | $161,610 |
Housing Distribution
Address Breakdown
Residential
1,258
Single Family
1,258
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
