








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Cordele at 1009 E 8th Ave, Cordele, GA, 31015 earns $227/mo cash flow from $998/mo rent with a $609/mo payment. Total monthly income totals $998/mo, and annual cash flow totals $2,726/yr on $41,272 capital. ROI tracks 26.51% on current figures, and rental yield reads 9.62% at a $124,500 purchase. Equity gained on principal adds $803/yr, and 5% annual appreciation supports $34,397 over five years. Five-year ROI reaches 138.38% and total cumulative return in cash sums $57,112. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $998/mo property income instead of your personal income.
Single Family
Built in 1981
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31015, Cordele, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,227 (100%) |
| Owner Occupied HU | 4,451 (48.2%) |
| Renter Occupied HU | 3,377 (36.6%) |
| Vacant Housing Units | 1,399 (15.2%) |
| Median Home Value | $139,541 |
| Average Home Value | $216,980 |
Residential
8,075
Single Family
7,694
Multi-Family
381
Businesses
604
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Listed for sale | $124,500 |
| 2018-05-15 | Sold | $68,900 |
| 2005-02-22 | Sold | $47,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-30 | $1195.38 | 1.95% | $33,358 | 6.66% |
| 2022-05-30 | $1172.52 | 2.84% | $31,274 | 7.14% |
| 2021-05-30 | $1140.17 | -3.21% | $29,189 | N/A |



What's Special
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Listed by: Marlene Kimball • Century 21 Smith Branch, LLC
Mls Name: Crisp Area BOR
Mls ID: #59429
Disclaimer: Copyright Crisp Area Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.