804 Schmidt RdRossvilleGA30741
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 804 Schmidt Rd, Rossville, GA, 30741 in Rossville: $2,009/mo in rent, $459/mo in net income, 9.46% gross yield, 1.75 DSCR, all at $254,700. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $70,369 in appreciation and $2,346/yr in principal paydown projects total cumulative return of $126,021.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 8.0% |
| Monthly Cash Flow | $459 | $300 |
City averages based on Rossville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,009 |
| Total Monthly Debt Service | $1,449 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1999
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30741, Rossville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,659 (100%) |
| Owner Occupied HU | 8,861 (60.4%) |
| Renter Occupied HU | 4,360 (29.7%) |
| Vacant Housing Units | 1,438 ( 9.8%) |
| Median Home Value | $165,954 |
| Average Home Value | $193,226 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
12,721
Multi-Family
518
Businesses
704
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
Single Family
Built in 1999
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30741, Rossville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,659 (100%) |
| Owner Occupied HU | 8,861 (60.4%) |
| Renter Occupied HU | 4,360 (29.7%) |
| Vacant Housing Units | 1,438 ( 9.8%) |
| Median Home Value | $165,954 |
| Average Home Value | $193,226 |
Housing Distribution
Address Breakdown
Residential
13,239
Single Family
12,721
Multi-Family
518
Businesses
704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices