502 Hamilton WayChatsworthGA30705
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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
Investment property for sale in Chatsworth at 502 Hamilton Way, Chatsworth, GA, 30705 offers a 9.36% rental yield on a $241,990 purchase with $1,887/mo rent. Total monthly income registers $1,887/mo, and a $1,184/mo payment leaves $411/mo available for distribution. Annual cash flow reaches $4,934/yr on $80,220 to close, and return on cash invested stands at 26.06% in year one. Equity gained on principal adds $1,562/yr while 5% annual appreciation supports $66,857 over five years. Portfolio math shows five-year ROI at 135.74% and total cumulative return in cash at $108,891. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,887/mo property income against a $1,184/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30705, Chatsworth, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,800 (100%) |
| Owner Occupied HU | 9,000 (65.2%) |
| Renter Occupied HU | 3,835 (27.8%) |
| Vacant Housing Units | 965 ( 7.0%) |
| Median Home Value | $213,336 |
| Average Home Value | $283,556 |
Housing Distribution
Address Breakdown
Residential
12,765
Single Family
12,663
Multi-Family
102
Businesses
755
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Listed by: Kelly Garland • Keller Williams Realty Signature Partners
Mls Name: Carpet Capital AOR
Mls Provider:
Mls ID: #130130
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