501 Cedar St, Carrollton, GA, 30117 | $64/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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501 Cedar St, Carrollton, GA, 30117 | $64/mo Cash Flow | Ziffy

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Carrollton at 501 Cedar St, Carrollton, GA, 30117 uses $104,423 cash to close to unlock $763/yr annual cash flow and $64/mo monthly cash flow. Total monthly income runs $1,981/mo, and a $1,542/mo payment keeps the spread at $64/mo. Purchase price stands at $315,000, and rental yield measures 7.55% with $1,981/mo rent. Return on cash invested shows 20.64% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 106.63% and total cumulative return in cash records $111,341. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,981/mo property income covering a $1,542/mo payment rather than investor’s personal income.

Single Family

Built in 1921

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Steps from the Carrollton Square, this beautifully restored home blends historic character with everyday comfort in a way that's hard to find. Morning coffee on the rocking chair front porch or screened in back deck, evenings at the AMP, and weekends spent walking to shops and restaurants - this location truly delivers a downtown lifestyle. Inside, thoughtful updates complement the home's original charm, including a bright, functional kitchen designed for real use and a spa-like bathroom with a spacious walk-in shower. Cozy living spaces, a screened in porch for relaxing year-round, and a gas fireplace create a warm, inviting feel throughout. Recent improvements add peace of mind, while city services, sidewalks, and award winning Carrollton City Schools complete the package. Detached covered parking with storage adds additional space. A rare opportunity to enjoy historic character, modern upgrades, and one of Carrollton's most walkable locations - all in one place. Incredible opportunity!

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