








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 Eatonton at 119 Cherry Point, Eatonton, GA, 31024 at $1,599,000 posts ROI 7.56% with from $4,208/mo rent. Total monthly income equals $4,208/mo. Return on cash invested measures 7.56% and rental yield reads 3.16% at the current $1,599,000. Equity gained on principal adds $10,318/yr, and 5% annual appreciation supports $441,774 by year five. Five-year ROI prints 36.38% and total cumulative return in cash totals $188,461. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,208/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.62 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood data shown for ZIP Code: 31024, Eatonton, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,158 (100%) |
| Owner Occupied HU | 7,108 (54.0%) |
| Renter Occupied HU | 2,298 (17.5%) |
| Vacant Housing Units | 3,752 (28.5%) |
| Median Home Value | $297,495 |
| Average Home Value | $420,523 |
Residential
10,987
Single Family
10,774
Multi-Family
213
Businesses
828
Date | Event | Price |
|---|---|---|
| 2025-09-23 | Listed for sale | $1,599,000 |
| 2020-06-09 | Sold | $515,000 |
| 2011-10-13 | Sold | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-24 | $6260.21 | 9.83% | $346,826 | 22.17% |
| 2022-09-24 | $5700.04 | 21.44% | $283,881 | 30.34% |
| 2021-09-24 | $4693.71 | 8.87% | $217,796 | 6.60% |



Listed by: Nick Montgomery • Keller Williams Lake Oconee
Mls Name: GAMLS
Mls Provider:
Mls ID: #10611237
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 2025 GAMLS. All rights reserved.