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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 Cordele at 119 Bryant Rd, Cordele, GA, 31015 priced at $169,000 converts $1,327/mo rent into $299/mo cash flow after a $827/mo obligation. Total monthly income equals $1,327/mo, and annual cash flow totals $3,583/yr on $56,024 invested. Return on cash invested prints 26.31% in year one, and rental yield reads 9.42% against a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation compiles into $46,692 by year five. Five-year ROI reaches 137.03% and total cumulative return in cash sums $76,771. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,327/mo property income covering a $827/mo payment, not borrower’s personal income.
Single Family
Built in 2008
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31015, Cordele, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,227 (100%) |
| Owner Occupied HU | 4,451 (48.2%) |
| Renter Occupied HU | 3,377 (36.6%) |
| Vacant Housing Units | 1,399 (15.2%) |
| Median Home Value | $139,541 |
| Average Home Value | $216,980 |
Residential
8,075
Single Family
7,694
Multi-Family
381
Businesses
604
Date | Event | Price |
|---|---|---|
| 2025-02-13 | Price change | $169,000 |
| 2024-11-26 | Listed for sale | $179,000 |
| 2008-03-06 | Sold | $5,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $1147.31 | 6.25% | $42,374 | 10.21% |
| 2022-02-15 | $1079.79 | 14.39% | $38,450 | 20.73% |
| 2021-02-15 | $943.92 | 0.44% | $31,847 | N/A |
What's Special
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Listed by: Lee Ann Rivers • Century 21 Smith Branch, LLC
Mls Name: Crisp Area BOR
Mls ID: #59223
Disclaimer: Copyright Crisp Area Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
