4 Lovell St NERomeGA30165
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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 Rome at 4 Lovell St NE, Rome, GA, 30165 generates $4,319/mo in rent and, after a $1,825/mo payment, leaves $2,050/mo in cash flow. Total monthly income is $4,319/mo, and annual cash flow is $24,596/yr on $123,616 invested. Return on cash invested sits at 39.81% in year one, and rental yield is 13.9% on a $372,900 entry. Equity gained on principal adds $2,406/yr, while 5% annual appreciation builds toward $103,025 over five years. Five-year ROI reaches 209.41% and total cumulative return in cash sums $258,868. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,319/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30165, Rome, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,177 (100%) |
| Owner Occupied HU | 9,600 (55.9%) |
| Renter Occupied HU | 6,382 (37.2%) |
| Vacant Housing Units | 1,195 ( 7.0%) |
| Median Home Value | $246,303 |
| Average Home Value | $296,058 |
Housing Distribution
Address Breakdown
Residential
16,854
Single Family
16,004
Multi-Family
850
Businesses
1,147
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Listed by: April Davis • Atlanta Communities
Mls Name: GAMLS
Mls Provider:
Mls ID: #10270291
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.