694 Looney RdRomeGA30165
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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
Investment property for sale in Rome at 694 Looney Rd, Rome, GA, 30165 with 5% annual appreciation on a $459,000 basis while $2,065/mo rent supports operations. 16% in year one. Equity gained on principal adds $2,962/yr, and five-year appreciation sums $126,813 alongside rental yield of 5.4%. Five-year ROI measures 71.91% and total cumulative return in cash totals $109,415. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,065/mo property income versus a $2,247/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
21.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30165, Rome, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,177 (100%) |
| Owner Occupied HU | 9,600 (55.9%) |
| Renter Occupied HU | 6,382 (37.2%) |
| Vacant Housing Units | 1,195 ( 7.0%) |
| Median Home Value | $246,303 |
| Average Home Value | $296,058 |
Housing Distribution
Address Breakdown
Residential
16,854
Single Family
16,004
Multi-Family
850
Businesses
1,147
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Listed by: Derinda S. Stephens • Integrity Realty Group
Mls Name: GAMLS
Mls Provider:
Mls ID: #10397435
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.