616 Manor WayCartersvilleGA30120
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 Cartersville at 616 Manor Way, Cartersville, GA, 30120 at $250,000 posts ROI 26.7% with $469/mo cash flow from $2,204/mo rent. Total monthly income equals $2,204/mo, and annual cash flow records $5,628/yr on $82,875 to close. Return on cash invested measures 26.7% and rental yield reads 10.58% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 140.23% and total cumulative return in cash totals $116,218.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,204/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1999
784.08 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30120, Cartersville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,341 (100%) |
| Owner Occupied HU | 12,088 (65.9%) |
| Renter Occupied HU | 5,138 (28.0%) |
| Vacant Housing Units | 1,115 ( 6.1%) |
| Median Home Value | $333,730 |
| Average Home Value | $372,662 |
Housing Distribution
Address Breakdown
Residential
17,396
Single Family
17,043
Multi-Family
353
Businesses
2,126
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Listed by: Melanie Adams • Atlanta Communities Real Estate Brokerage
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7473752
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