521 Midway Rd NWResacaGA30735
Nearby investment properties with comparable rents
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 Resaca at 521 Midway Rd NW, Resaca, GA, 30735 earns from $1,499/mo rent with a $1,321/mo payment. Total monthly income totals $1,499/mo. ROI tracks 17.98% on current figures, and rental yield reads 6.66% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 92.4% and total cumulative return in cash sums $82,674. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,499/mo property income instead of your personal income.
Manufactured
Built in 2024
1.41 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mandy Blankenship • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1500845
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2024 by Chattanooga Association of REALTORS