99 Bernard StChatsworthGA30705
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
Rental property for sale in Chatsworth at 99 Bernard St, Chatsworth, GA, 30705 priced at $230,000 converts $1,860/mo rent into $460/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,860/mo, and annual cash flow totals $5,519/yr on $76,245 invested. Return on cash invested prints 27.15% in year one, and rental yield reads 9.7% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 141.5% and total cumulative return in cash sums $107,887. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 2021
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30705, Chatsworth, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,800 (100%) |
| Owner Occupied HU | 9,000 (65.2%) |
| Renter Occupied HU | 3,835 (27.8%) |
| Vacant Housing Units | 965 ( 7.0%) |
| Median Home Value | $213,336 |
| Average Home Value | $283,556 |
Housing Distribution
Address Breakdown
Residential
12,765
Single Family
12,663
Multi-Family
102
Businesses
755
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Listed by: Wesley Talley • Coldwell Banker Kinard Realty - Ga
Mls Name: Greater Chattanooga Realtors
Mls ID: #1512237