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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 Douglas at 1005 Evergreen Ave, Douglas, GA, 31533 priced at $176,900 converts $1,390/mo rent into $313/mo cash flow after a $866/mo obligation. Total monthly income equals $1,390/mo, and annual cash flow totals $3,758/yr on $58,642 invested. Return on cash invested prints 26.32% in year one, and rental yield reads 9.43% against a $176,900 entry. Equity gained on principal adds $1,142/yr, while 5% annual appreciation compiles into $48,874 by year five. Five-year ROI reaches 137.15% and total cumulative return in cash sums $80,427. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,390/mo property income covering a $866/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31533, Douglas, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,000 (100%) |
| Owner Occupied HU | 3,478 (49.7%) |
| Renter Occupied HU | 2,687 (38.4%) |
| Vacant Housing Units | 835 (11.9%) |
| Median Home Value | $157,522 |
| Average Home Value | $189,629 |
Residential
6,665
Single Family
6,424
Multi-Family
241
Businesses
985
Date | Event | Price |
|---|---|---|
| 2024-10-30 | Listed for sale | $176,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $740.67 | -7.38% | $25,995 | N/A |
| 2022-02-16 | $799.67 | N/A | $25,995 | N/A |
| 2021-02-16 | $799.67 | -0.14% | $25,995 | N/A |
Listed by: Jim Minchew • Coldwell Banker
Mls Name: Douglas Coffee County BOR
Mls ID: #113845
Disclaimer: Copyright Douglas Coffee County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
