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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Aragon at 1 Elm St, Aragon, GA, 30104 priced at $285,000 converts $1,380/mo rent into after a $1,395/mo obligation. Total monthly income equals $1,380/mo. Return on cash invested prints 15.4% in year one, and rental yield reads 5.81% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 78.58% and total cumulative return in cash sums $74,238. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,380/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1953
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30104, Aragon, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,062 (100%) |
| Owner Occupied HU | 1,477 (71.6%) |
| Renter Occupied HU | 466 (22.6%) |
| Vacant Housing Units | 119 ( 5.8%) |
| Median Home Value | $238,382 |
| Average Home Value | $286,445 |
Residential
1,874
Single Family
1,874
Multi-Family
0
Businesses
55
Date | Event | Price |
|---|---|---|
| 2024-11-02 | Listed for sale | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cedric Duncan • Nova Grace & Co.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7487868
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