








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 1172 Floyd Dr NE, Townsend, GA, 31331 offers a 11.32% rental yield on a $139,900 purchase with $1,320/mo rent. Total monthly income registers $1,320/mo, and a $685/mo payment leaves $468/mo available for distribution. Annual cash flow reaches $5,619/yr on $46,377 to close, and return on cash invested stands at 32.03% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 167.78% and total cumulative return in cash at $77,811. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1991
0.34 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 |
|---|---|---|
| 2025-09-14 | Listed for sale | $139,900 |
| 2025-08-31 | Listing removed | $159,900 |
| 2025-07-23 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-16 | $508.91 | 3.99% | $15,473 | -1.95% |
| 2023-09-16 | $489.37 | -0.25% | $15,780 | 4.12% |
| 2022-09-16 | $490.60 | 0.01% | $15,156 | 7.13% |



Listed by: Karen Polite • Rawls Realty
Mls Name: GIAOR
Mls ID: #1656695
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.