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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 Mc Rae at 15 Ben Ave, Mc Rae, GA, 31055 priced at $247,000 converts $2,068/mo rent into $565/mo cash flow after a $1,209/mo obligation. Total monthly income equals $2,068/mo, and annual cash flow totals $6,776/yr on $81,881 invested. Return on cash invested prints 28.18% in year one, and rental yield reads 10.05% against a $247,000 entry. Equity gained on principal adds $1,594/yr, while 5% annual appreciation compiles into $68,242 by year five. Five-year ROI reaches 147.09% and total cumulative return in cash sums $120,436. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,068/mo property income covering a $1,209/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31055, Mc Rae, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,280 (100%) |
| Owner Occupied HU | 1,271 (55.7%) |
| Renter Occupied HU | 632 (27.7%) |
| Vacant Housing Units | 377 (16.5%) |
| Median Home Value | $152,440 |
| Average Home Value | $199,687 |
Residential
1,909
Single Family
1,909
Multi-Family
0
Businesses
223
Date | Event | Price |
|---|---|---|
| 2025-06-28 | Listed for sale | $247,000 |
| 2021-03-24 | Listing removed | N/A |
| 2018-09-06 | Listing removed | $135,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-30 | $1880.68 | -0.25% | $48,067 | N/A |
| 2022-06-30 | $1885.43 | 30.57% | $48,067 | 34.28% |
| 2021-06-30 | $1444.03 | 2.25% | $35,796 | 4.01% |
Listed by: Mary Graham • DESTINATION REALTY, LLC
Mls Name: CGMLS
Mls ID: #254257
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.
