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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 Townsend at 1110 Merchant Ln SE, Townsend, GA, 31331 offers $1,320/mo rent that, after a $1,174/mo payment. Total monthly income is $1,320/mo. Return on cash invested measures 17.8% in year one, and rental yield stands at 6.6% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 91.45% and total cumulative return in cash reaches $72,727. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,320/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31331, Townsend, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,077 (100%) |
| Owner Occupied HU | 2,238 (54.9%) |
| Renter Occupied HU | 441 (10.8%) |
| Vacant Housing Units | 1,398 (34.3%) |
| Median Home Value | $226,210 |
| Average Home Value | $289,660 |
Residential
3,091
Single Family
3,066
Multi-Family
25
Businesses
165
Date | Event | Price |
|---|---|---|
| 2025-02-06 | Listed for sale | $239,900 |
| 2021-06-16 | Sold | $147,000 |
| 2021-04-29 | Pending sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michael Heiser • Keller Williams Realty Golden Isles
Mls Name: GIAOR
Mls ID: #1651754
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
