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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 Cordele at 1506 E 24th Ave, Cordele, GA, 31015 earns $458/mo cash flow from $1,943/mo rent with a $1,194/mo payment. Total monthly income totals $1,943/mo, and annual cash flow totals $5,500/yr on $80,853 capital. ROI tracks 26.71% on current figures, and rental yield reads 9.56% at a $243,900 purchase. Equity gained on principal adds $1,574/yr, and 5% annual appreciation supports $67,385 over five years. Five-year ROI reaches 139.22% and total cumulative return in cash sums $112,563. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,943/mo property income instead of your personal income.
Single Family
Built in 1965
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31015, Cordele, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,227 (100%) |
| Owner Occupied HU | 4,451 (48.2%) |
| Renter Occupied HU | 3,377 (36.6%) |
| Vacant Housing Units | 1,399 (15.2%) |
| Median Home Value | $139,541 |
| Average Home Value | $216,980 |
Residential
8,075
Single Family
7,694
Multi-Family
381
Businesses
604
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jeff Smith • NATIONAL REALTY COMPANY
Mls Name: Crisp Area BOR
Mls ID: #59590
