89 Parker StCarnesvilleGA30521
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 Carnesville at 89 Parker St, Carnesville, GA, 30521 at $269,900 posts ROI 22.37% with $183/mo cash flow from $1,826/mo rent. Total monthly income equals $1,826/mo, and annual cash flow records $2,200/yr on $89,472 to close. Return on cash invested measures 22.37% and rental yield reads 8.12% at the current $269,900. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 by year five. Five-year ROI prints 115.93% and total cumulative return in cash totals $103,722.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,826/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30521, Carnesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,320 (100%) |
| Owner Occupied HU | 1,661 (71.6%) |
| Renter Occupied HU | 379 (16.3%) |
| Vacant Housing Units | 280 (12.1%) |
| Median Home Value | $208,565 |
| Average Home Value | $309,485 |
Housing Distribution
Address Breakdown
Residential
2,115
Single Family
2,115
Multi-Family
0
Businesses
209
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Nearby investment properties with comparable prices
Listed by: Christy • RE/MAX Classic
Mls Name: GAMLS
Mls Provider:
Mls ID: #10383737
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.