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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hiram at 50 Ridge Run Dr, Hiram, GA, 30141 offers $3,390/mo rent that, after a $1,346/mo payment, leaves $1,679/mo cash flow. Total monthly income is $3,390/mo, and annual cash flow is $20,145/yr on $91,163 cash. Return on cash invested measures 42.01% in year one, and rental yield stands at 14.79% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 221.39% and total cumulative return in cash reaches $201,827. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,390/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30141, Hiram, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,378 (100%) |
| Owner Occupied HU | 6,648 (70.9%) |
| Renter Occupied HU | 2,381 (25.4%) |
| Vacant Housing Units | 349 ( 3.7%) |
| Median Home Value | $287,441 |
| Average Home Value | $305,229 |
Residential
9,160
Single Family
8,479
Multi-Family
681
Businesses
1,073
Date | Event | Price |
|---|---|---|
| 2024-09-06 | Price change | $275,000 |
| 2024-08-29 | Price change | $285,000 |
| 2024-08-10 | Listed for sale | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | $2734.22 | 8.40% | $104,880 | 20.84% |
| 2022-09-15 | $2522.29 | 32.56% | $86,796 | 35.48% |
| 2021-09-15 | $1902.70 | 0.16% | $64,064 | 1.61% |
Listed by: Amber Taylor • S & S Homes Realty West, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7436197
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