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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 1218 Main St, Perry, GA, 31069 offers $2,820/mo rent that, after a $1,125/mo payment, leaves $1,415/mo cash flow. Total monthly income is $2,820/mo, and annual cash flow is $16,974/yr on $76,212 cash. Return on cash invested measures 42.18% in year one, and rental yield stands at 14.72% at a $229,900 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,517 by year five. Five-year ROI records 222.22% and total cumulative return in cash reaches $169,355. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,820/mo property income versus a $1,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
0.35 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 |
|---|---|---|
| 2025-01-02 | Listed for sale | $229,900 |
| 2024-12-01 | Price change | $1,700 |
| 2024-11-26 | Listed for rent | $1,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | $1986.89 | 57.62% | $54,040 | 59.13% |
| 2022-01-09 | $1260.54 | -0.13% | $33,960 | N/A |
| 2021-01-09 | $1262.24 | -0.31% | $33,960 | N/A |
Listed by: Dexter Gordy • SOUTHERN CLASSIC REALTORS
Mls Name: CGMLS
Mls ID: #250111
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.
