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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 Perry at 1204 Fairway Dr, Perry, GA, 31069 priced at $420,000 converts $2,917/mo rent into $361/mo cash flow after a $2,056/mo obligation. Total monthly income equals $2,917/mo, and annual cash flow totals $4,326/yr on $139,230 invested. Return on cash invested prints 23.02% in year one, and rental yield reads 8.33% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 119.38% and total cumulative return in cash sums $166,207. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,917/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31069, Perry, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,284 (100%) |
| Owner Occupied HU | 7,041 (68.5%) |
| Renter Occupied HU | 2,740 (26.6%) |
| Vacant Housing Units | 503 ( 4.9%) |
| Median Home Value | $278,944 |
| Average Home Value | $302,856 |
Residential
9,971
Single Family
9,303
Multi-Family
668
Businesses
928
Date | Event | Price |
|---|---|---|
| 2025-05-09 | Listed for sale | $420,000 |
| 2021-03-24 | Listing removed | N/A |
| 2020-07-14 | Sold | $179,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-11 | $3152.13 | 8.19% | $95,760 | 20.85% |
| 2023-05-11 | $2913.41 | 3.49% | $79,240 | 4.48% |
| 2022-05-11 | $2815.03 | 10.79% | $75,840 | 10.94% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
