56 Lull Rd NE,Rome,GA,30161

Investment Highlights

Rental property for sale in Rome at 56 Lull Rd NE, Rome, GA, 30161 priced at $374,000 pairs $2,476/mo rent with $199/mo cash flow after a $1,831/mo payment. Total monthly income equals $2,476/mo, and annual cash flow comes to $2,392/yr on $123,981 invested. Return on cash invested is 21.84% in year one, and rental yield stands at 7.94% on a $374,000 basis. Equity gained on principal adds $2,413/yr, and 5% annual appreciation accumulates to $103,329 by year five. Five-year ROI measures 113.07% and total cumulative return in cash reaches $140,185. For financing, Ziffy Mortgage’s DSCR program evaluates $2,476/mo property income against a $1,831/mo payment instead of your W2s, 1099s, or Tax returns.