602 Mandeville RdCarrolltonGA30117
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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 Carrollton at 602 Mandeville Rd, Carrollton, GA, 30117 priced at $249,900 converts $1,733/mo rent into $212/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,733/mo, and annual cash flow totals $2,546/yr on $82,842 invested. Return on cash invested prints 22.98% in year one, and rental yield reads 8.32% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 119.23% and total cumulative return in cash sums $98,774. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,733/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30117, Carrollton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,341 (100%) |
| Owner Occupied HU | 8,287 (50.7%) |
| Renter Occupied HU | 6,863 (42.0%) |
| Vacant Housing Units | 1,191 ( 7.3%) |
| Median Home Value | $316,605 |
| Average Home Value | $347,958 |
Housing Distribution
Address Breakdown
Residential
14,863
Single Family
13,750
Multi-Family
1,113
Businesses
1,575
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Listed by: Jamie McCleskey • Heritage Oaks Realty Westside
Mls Name: GAMLS
Mls ID: #10656744