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Rome, GA, 30161 • 30161 • Cherokee County
$104/sqft
Down payment assistance available
3Beds
1Baths
1,254Sqft
0.18 acLot
1940Built
Bungalow/Cottage Style
Built 1940 · 86 years of history
NONE
30161
2d on Market
Listed Apr 12, 2026
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Listed 2 days ago · 160 views · 11 saves
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2 days on market
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$104/sqft
Price per square foot
Single Family · Built 1940
Built in 1940 and sitting on a 0.18-acre lot in Rome, GA, this well-maintained 3-bedroom, 1-bath single-family residence delivers immediate rental income with a qualified tenant in place at $1,200/month. That's $14,400 in gross annual rent against a $130,000 asking price - a gross rent multiplier of just 9.0x with a potential cap rate north of 8%. The current owner has maintained this property with care: a metal roof speaks to the long-term stewardship that keeps a 1940s build standing strong. No HOA means no rent restrictions and no additional overhead eating into returns. At approximately $1,080 in annual property taxes, carrying costs stay lean. Seller has never occupied the property. Buyers are encouraged to conduct their own independent due diligence during the inspection period. Rome, GA continues to draw investor attention as a growing NW Georgia market anchored by Berry College, Shorter University, and Georgia Northwestern Technical College - consistent renter demand built right in.
Based on current rates
Est. 6.62% rate · 30yr fixed · $104,000 loan
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3 schools rated nearby
Rome, GA, 30161
6 events
22 years of records
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Rome, GA • Cherokee County
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