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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% |
Investment property for sale in Monroe at 1114 S Broad St, Monroe, GA, 30655 uses $77,903 cash to close to unlock $5,599/yr annual cash flow and $467/mo monthly cash flow. Total monthly income runs $1,956/mo, and a $1,150/mo payment keeps the spread at $467/mo. Purchase price stands at $235,000, and rental yield measures 9.99% with $1,956/mo rent. Return on cash invested shows 27.1% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 141.6% and total cumulative return in cash records $110,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,956/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1932
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30655, Monroe, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,019 (100%) |
| Owner Occupied HU | 7,579 (63.1%) |
| Renter Occupied HU | 3,844 (32.0%) |
| Vacant Housing Units | 596 ( 5.0%) |
| Median Home Value | $361,128 |
| Average Home Value | $383,636 |
Residential
11,277
Single Family
11,126
Multi-Family
151
Businesses
1,077
Date | Event | Price |
|---|---|---|
| 2025-05-01 | Listed for sale | $235,000 |
| 2021-03-18 | Sold | $184,000 |
| 2019-03-30 | Listing removed | $1,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-02 | $2661.39 | 9.04% | $76,120 | 16.46% |
| 2022-05-02 | $2440.80 | 61.10% | $65,360 | 66.73% |
| 2021-05-02 | $1515.05 | 33.56% | $39,200 | 36.87% |
Listed by: Kim LaPlante • Keller Williams Realty Atlanta
Mls Name: Classic MLS
Mls Provider:
Mls ID: #1025537
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.
