48 Old Canton Rd NECartersvilleGA30121
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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 Cartersville at 48 Old Canton Rd NE, Cartersville, GA, 30121 priced at $585,600 converts $2,839/mo rent into after a $2,866/mo obligation. Total monthly income equals $2,839/mo. Return on cash invested prints 15.55% in year one, and rental yield reads 5.82% against a $585,600 entry. Equity gained on principal adds $3,779/yr, while 5% annual appreciation compiles into $161,790 by year five. Five-year ROI reaches 79.29% and total cumulative return in cash sums $152,763. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,839/mo property income covering a $2,866/mo payment, not borrower’s personal income.
Single Family
Built in 2018
1.22 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
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Listed by: VINCENT M CONTRERAS • Drake Realty of GA, Inc.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #6868814
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