426 Old Mill DrCarrolltonGA30117
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
Investment Highlights
Rental property for sale in Carrollton at 426 Old Mill Dr, Carrollton, GA, 30117 offers $2,132/mo rent that, after a $1,468/mo payment, leaves $307/mo cash flow. Total monthly income is $2,132/mo, and annual cash flow is $3,679/yr on $99,417 cash. Return on cash invested measures 23.61% in year one, and rental yield stands at 8.53% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 122.58% and total cumulative return in cash reaches $121,864. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,132/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30117, Carrollton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,341 (100%) |
| Owner Occupied HU | 8,287 (50.7%) |
| Renter Occupied HU | 6,863 (42.0%) |
| Vacant Housing Units | 1,191 ( 7.3%) |
| Median Home Value | $316,605 |
| Average Home Value | $347,958 |
Housing Distribution
Address Breakdown
Residential
14,863
Single Family
13,750
Multi-Family
1,113
Businesses
1,575
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Davis • Duffey Realty
Mls Name: GAMLS
Mls ID: #10534450