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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 Coolidge at 104 Morgan Pl, Coolidge, GA, 31738 generates $1,517/mo in rent, after a $1,321/mo payment. Total monthly income is $1,517/mo. Return on cash invested sits at 18.22% in year one, and rental yield is 6.74% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 93.7% and total cumulative return in cash sums $83,838. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,517/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31738, Coolidge, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,022 (100%) |
| Owner Occupied HU | 737 (72.1%) |
| Renter Occupied HU | 201 (19.7%) |
| Vacant Housing Units | 84 ( 8.2%) |
| Median Home Value | $240,823 |
| Average Home Value | $265,912 |
Residential
870
Single Family
870
Multi-Family
0
Businesses
42
Date | Event | Price |
|---|---|---|
| 2025-04-09 | Listed for sale | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-10 | $116.99 | 4.45% | $3,588 | 15.00% |
| 2022-04-10 | $112.01 | -4.48% | $3,120 | N/A |
| 2021-04-10 | $117.26 | -5.30% | $3,120 | N/A |
Listed by: Eleanor Altman-Hendrix • Heritage Realty of Valdosta
Mls Name: TABRMLS
Mls ID: #925330
Disclaimer: Copyright Thomasville Area Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
