








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 Townsend at 1138 Hanover Ln NE, Townsend, GA, 31331 listed at $310,000 pairs $1,320/mo rent with a $1,517/mo payment. Total monthly income runs $1,320/mo. Return on cash invested measures 13.29% in year one, and rental yield registers 5.11% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 67.26% and total cumulative return in cash totals $69,115. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,320/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
1.02 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Melanie Kramer • Keller Williams Coastal Area P
Mls Name: GIAOR
Mls ID: #1657803