40 Luther Knight Rd SECartersvilleGA30121
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 40 Luther Knight Rd SE, Cartersville, GA, 30121 in Cartersville at $610,000, 3.55% gross yield, is a market-growth asset. Rental yield 3.55%. The $1,806/mo rent partially funds the $2,743/mo debt service; the core return is the 5%/yr price growth projected to add $168,532 over five years. Ziffy Mortgage's DSCR mortgage (0.66) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $108,376.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 6.0% |
| Monthly Cash Flow | $(1,907) | $350 |
City averages based on Cartersville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,806 |
| Total Monthly Debt Service | $3,470 |
| DSCR Ratio | 0.52x |
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.
Single Family
Built in 2023
2.90 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
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
Single Family
Built in 2023
2.90 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Buck Moore • Title One Realty, LLC.
Mls Name: FMLS GA
Mls ID: #7574101