918 Jones Mill RdCartersvilleGA30120
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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 Cartersville at 918 Jones Mill Rd, Cartersville, GA, 30120 offers a 8.75% rental yield on a $231,900 purchase with $1,690/mo rent. Total monthly income registers $1,690/mo, and a $1,135/mo payment leaves $279/mo available for distribution. Annual cash flow reaches $3,344/yr on $76,875 to close, and return on cash invested stands at 24.26% in year one. Equity gained on principal adds $1,496/yr while 5% annual appreciation supports $64,070 over five years. Portfolio math shows five-year ROI at 126.04% and total cumulative return in cash at $96,891. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,690/mo property income against a $1,135/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.43 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: Heather Lipp • Boulevard Homes, LLC
Mls Name: FMLS GA
Mls ID: #7670194