502 Thornberry DrResacaGA30735
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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
Rental property for sale in Resaca at 502 Thornberry Dr, Resaca, GA, 30735 priced at $194,000 converts $1,912/mo rent into $731/mo cash flow after a $950/mo obligation. Total monthly income equals $1,912/mo, and annual cash flow totals $8,770/yr on $64,311 invested. Return on cash invested prints 33.55% in year one, and rental yield reads 11.83% against a $194,000 entry. Equity gained on principal adds $1,252/yr, while 5% annual appreciation compiles into $53,599 by year five. Five-year ROI reaches 175.84% and total cumulative return in cash sums $113,084. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,912/mo property income covering a $950/mo payment, not borrower’s personal income.
Single Family
Built in 2000
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30735, Resaca, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,533 (100%) |
| Owner Occupied HU | 1,856 (73.3%) |
| Renter Occupied HU | 497 (19.6%) |
| Vacant Housing Units | 180 ( 7.1%) |
| Median Home Value | $186,677 |
| Average Home Value | $254,693 |
Housing Distribution
Address Breakdown
Residential
2,225
Single Family
2,225
Multi-Family
0
Businesses
118
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Listed by: Ann Bowman • Realty Executives Terra Firma
Mls Name: Greater Chattanooga Realtors
Mls ID: #1513050
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