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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 Americus at 1119 Elm Ave, Americus, GA, 31709 priced at $199,900 converts $2,075/mo rent into $859/mo cash flow after a $978/mo obligation. Total monthly income equals $2,075/mo, and annual cash flow totals $10,305/yr on $66,267 invested. Return on cash invested prints 35.46% in year one, and rental yield reads 12.46% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 186.12% and total cumulative return in cash sums $123,337. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,075/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1920
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31709, Americus, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,866 (100%) |
| Owner Occupied HU | 2,958 (43.1%) |
| Renter Occupied HU | 3,175 (46.2%) |
| Vacant Housing Units | 733 (10.7%) |
| Median Home Value | $195,148 |
| Average Home Value | $253,458 |
Residential
6,079
Single Family
5,878
Multi-Family
201
Businesses
863
Date | Event | Price |
|---|---|---|
| 2024-08-10 | Price change | $199,900 |
| 2024-06-29 | Price change | $219,900 |
| 2024-06-13 | Listed for sale | $234,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | $1336.16 | 0.02% | $30,280 | N/A |
| 2022-09-15 | $1335.95 | -7.43% | $30,280 | N/A |
| 2021-09-15 | $1443.24 | -4.14% | $30,280 | N/A |
Listed by: Deborah Poole • Town & Country Poole Realty, Inc.
Mls Name: Americus BOR
Mls ID: #906752
Disclaimer: Copyright Americus Board of Realtors, Inc. All rights reserved. Information is deemed reliable but not guaranteed.
