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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 Ludowici at 148 Festival Loop NE, Ludowici, GA, 31316 generates $2,400/mo in rent and, after a $1,077/mo payment, leaves $1,061/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $12,730/yr on $72,930 invested. Return on cash invested sits at 37.36% in year one, and rental yield is 13.09% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 196.31% and total cumulative return in cash sums $143,171. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
3 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31316, Ludowici, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,467 (100%) |
| Owner Occupied HU | 3,367 (61.6%) |
| Renter Occupied HU | 1,551 (28.4%) |
| Vacant Housing Units | 549 (10.0%) |
| Median Home Value | $237,235 |
| Average Home Value | $267,839 |
Residential
5,297
Single Family
5,297
Multi-Family
0
Businesses
150
Date | Event | Price |
|---|---|---|
| 2024-09-11 | Price change | $220,000 |
| 2024-09-09 | Price change | $224,900 |
| 2024-08-29 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | $775.09 | 14.08% | $17,037 | N/A |
| 2022-09-15 | $679.42 | -2.09% | $17,037 | N/A |
| 2021-09-15 | $693.89 | -0.49% | $17,037 | N/A |
Listed by: Brandy Swindell • The Felton Group
Mls Name: HABR
Mls ID: #155727
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.
