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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 McDonough at 1417 Iris Lake Rd, McDonough, GA, 30252 at $216,998 posts ROI 29.54% with $577/mo cash flow from $2,034/mo rent. Total monthly income equals $2,034/mo, and annual cash flow records $6,925/yr on $71,935 to close. Return on cash invested measures 29.54% and rental yield reads 11.25% at the current $216,998. Equity gained on principal adds $1,400/yr, and 5% annual appreciation supports $59,953 by year five. Five-year ROI prints 155.21% and total cumulative return in cash totals $111,653.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,034/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30252, Mcdonough, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,909 (100%) |
| Owner Occupied HU | 15,061 (84.1%) |
| Renter Occupied HU | 2,359 (13.2%) |
| Vacant Housing Units | 489 ( 2.7%) |
| Median Home Value | $379,896 |
| Average Home Value | $408,859 |
Residential
17,793
Single Family
17,530
Multi-Family
263
Businesses
305
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Sold | $216,998 |
| 2025-05-22 | Pending sale | $219,998 |
| 2025-05-09 | Price change | $219,998 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-02 | $3436.21 | 7.36% | $85,480 | 3.74% |
| 2023-08-02 | $3200.77 | 40.57% | $82,400 | 41.29% |
| 2022-08-02 | $2277.05 | 15.13% | $58,320 | 15.44% |
Listed by: Rahmann D. Williams • Cox & Company Real Estate, LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10351516
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.
