66 Ridgewood DrRockmartGA30153
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
Rental property for sale in Rockmart at 66 Ridgewood Dr, Rockmart, GA, 30153 priced at $320,000 converts $1,913/mo rent into after a $1,566/mo obligation. Total monthly income equals $1,913/mo. Return on cash invested prints 19.52% in year one, and rental yield reads 7.17% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 100.63% and total cumulative return in cash sums $106,743. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,913/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 1952
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30153, Rockmart, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,124 (100%) |
| Owner Occupied HU | 5,576 (68.6%) |
| Renter Occupied HU | 2,112 (26.0%) |
| Vacant Housing Units | 436 ( 5.4%) |
| Median Home Value | $218,967 |
| Average Home Value | $254,561 |
Housing Distribution
Address Breakdown
Residential
7,805
Single Family
7,745
Multi-Family
60
Businesses
520
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices