390 E Rope Mill RdCantonGA30115
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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 Canton at 390 E Rope Mill Rd, Canton, GA, 30115 generates $2,064/mo in rent, after a $2,447/mo payment. Total monthly income is $2,064/mo. Return on cash invested sits at 12.82% in year one, and rental yield is 4.95% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 64.71% and total cumulative return in cash sums $107,264. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,064/mo property income rather than buyer’s personal income.
Multi Family
Built in 1940
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30115, Canton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,473 (100%) |
| Owner Occupied HU | 15,885 (77.6%) |
| Renter Occupied HU | 3,652 (17.8%) |
| Vacant Housing Units | 936 ( 4.6%) |
| Median Home Value | $506,568 |
| Average Home Value | $581,284 |
Housing Distribution
Address Breakdown
Residential
20,167
Single Family
18,336
Multi-Family
1,831
Businesses
819
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Listed by: Webb Real Estate Team • Drake Realty of GA, Inc.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7302290
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