7 Spring StCartersvilleGA30120
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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 Cartersville at 7 Spring St, Cartersville, GA, 30120 offers $2,224/mo rent that, after a $1,224/mo payment, leaves $702/mo cash flow. Total monthly income is $2,224/mo, and annual cash flow is $8,425/yr on $82,875 cash. Return on cash invested measures 30.07% in year one, and rental yield stands at 10.68% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 157.28% and total cumulative return in cash reaches $130,342. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,224/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.32 Acres lot
$N/A/sqft
No 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: ROXIE HERNANDEZ • Keller Williams Rlty Consultants
Mls Name: FMLS GA
Mls ID: #7653379