555 Corvette DrChatsworthGA30705
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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 Chatsworth at 555 Corvette Dr, Chatsworth, GA, 30705 offers $1,890/mo rent that, after a $1,174/mo payment, leaves $430/mo cash flow. Total monthly income is $1,890/mo, and annual cash flow is $5,161/yr on $79,527 cash. Return on cash invested measures 26.4% in year one, and rental yield stands at 9.45% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 137.56% and total cumulative return in cash reaches $109,399. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,890/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.34 Acres 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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Nearby investment properties with comparable prices
Listed by: Mandy Blankenship • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1525692