116 Hickory Dr SW,Milledgeville,GA,31061

Investment Highlights

Rental property for sale in Milledgeville at 116 Hickory Dr SW, Milledgeville, GA, 31061 priced at $204,900 pairs $2,690/mo rent with $1,443/mo cash flow after a $1,003/mo payment. Total monthly income equals $2,690/mo, and annual cash flow comes to $17,314/yr on $67,924 invested. Return on cash invested is 45.4% in year one, and rental yield stands at 15.75% on a $204,900 basis. Equity gained on principal adds $1,322/yr, and 5% annual appreciation accumulates to $56,610 by year five. Five-year ROI measures 239.4% and total cumulative return in cash reaches $162,610. For financing, Ziffy Mortgage’s DSCR program evaluates $2,690/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.