505 Shannon Rd NE,Rome,GA,30161

Investment Highlights

Investment property for sale in Rome at 505 Shannon Rd NE, Rome, GA, 30161 listed at $170,000 pairs $1,500/mo rent with a $832/mo payment to leave $465/mo cash flow. Total monthly income runs $1,500/mo, and annual cash flow reaches $5,585/yr on $56,355 cash to close. Return on cash invested measures 29.82% in year one, and rental yield registers 10.59% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 155.89% and total cumulative return in cash totals $87,849. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).