39 Ellington Dr #11RockmartGA30153
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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 Rockmart at 39 Ellington Dr #11, Rockmart, GA, 30153 priced at $124,900 converts $1,956/mo rent into $1,196/mo cash flow after a $611/mo obligation. Total monthly income equals $1,956/mo, and annual cash flow totals $14,354/yr on $41,404 invested. Return on cash invested prints 54.58% in year one, and rental yield reads 18.79% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 288.72% and total cumulative return in cash sums $119,542. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,956/mo property income covering a $611/mo payment, not borrower’s personal income.
Manufactured
Built in 1987
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30153, Rockmart, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,124 (100%) |
| Owner Occupied HU | 5,576 (68.6%) |
| Renter Occupied HU | 2,112 (26.0%) |
| Vacant Housing Units | 436 ( 5.4%) |
| Median Home Value | $218,967 |
| Average Home Value | $254,561 |
Housing Distribution
Address Breakdown
Residential
7,805
Single Family
7,745
Multi-Family
60
Businesses
520
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Listed by: Taleshia Palmer • Fathom Realty GA, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7444731
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