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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 1129 Shell Point Rd NE, Townsend, GA, 31331 generates $1,606/mo in rent and, after a $978/mo payment, leaves $352/mo in cash flow. Total monthly income is $1,606/mo, and annual cash flow is $4,227/yr on $66,267 invested. Return on cash invested sits at 26.29% in year one, and rental yield is 9.64% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 137.21% and total cumulative return in cash sums $90,925. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,606/mo property income rather than buyer’s personal income.
Manufactured
Built in 1993
0.74 Acres lot
$N/A/sqft
$450 annually 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 |
|---|---|---|
| 2025-04-23 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-24 | N/A | N/A | $8,640 | 145.45% |
| 2022-04-24 | N/A | N/A | $3,520 | N/A |
| 2021-04-24 | N/A | N/A | $3,520 | -7.37% |
Listed by: Emily Green • Harris Real Estate Coastal Properties
Mls Name: GIAOR
Mls ID: #1653499
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.
