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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% |
Investment property for sale in Gray at 118 Ridgecrest Pl, Gray, GA, 31032 earns $510/mo cash flow from $2,153/mo rent with a $1,321/mo payment. Total monthly income totals $2,153/mo, and annual cash flow totals $6,124/yr on $89,472 capital. ROI tracks 26.75% on current figures, and rental yield reads 9.57% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 139.44% and total cumulative return in cash sums $124,758. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,153/mo property income instead of your personal income.
Single Family
Built in 1980
0.80 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-09-09 | Listed for sale | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $426.24 | 6.32% | $12,000 | 7.53% |
| 2022-10-15 | $400.92 | -0.10% | $11,160 | N/A |
| 2021-10-15 | $401.33 | -0.06% | $11,160 | N/A |
Listed by: Amber Ayers • RE/MAX Cutting Edge Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10389709
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
