473 Jamesway DrSpartaGA31087
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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 Sparta at 473 Jamesway Dr, Sparta, GA, 31087 priced at $585,000 pairs $2,545/mo rent with after a $2,863/mo payment. Total monthly income equals $2,545/mo. Return on cash invested is 13.73% in year one, and rental yield stands at 5.22% on a $585,000 basis. Equity gained on principal adds $3,775/yr, and 5% annual appreciation accumulates to $161,625 by year five. Five-year ROI measures 69.53% and total cumulative return in cash reaches $133,830. For financing, Ziffy Mortgage’s DSCR program evaluates $2,545/mo property income against a $2,863/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31087, Sparta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,901 (100%) |
| Owner Occupied HU | 2,551 (52.1%) |
| Renter Occupied HU | 719 (14.7%) |
| Vacant Housing Units | 1,631 (33.3%) |
| Median Home Value | $139,082 |
| Average Home Value | $239,371 |
Housing Distribution
Address Breakdown
Residential
4,133
Single Family
4,084
Multi-Family
49
Businesses
209
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