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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 Sparta at 15417 E Highway 22, Sparta, GA, 31087 generates $1,214/mo in rent and, after a $778/mo payment, leaves $247/mo in cash flow. Total monthly income is $1,214/mo, and annual cash flow is $2,958/yr on $52,709 invested. Return on cash invested sits at 25.52% in year one, and rental yield is 9.16% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 132.82% and total cumulative return in cash sums $70,008. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,214/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31087, Sparta, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,901 (100%) |
| Owner Occupied HU | 2,551 (52.1%) |
| Renter Occupied HU | 719 (14.7%) |
| Vacant Housing Units | 1,631 (33.3%) |
| Median Home Value | $139,082 |
| Average Home Value | $239,371 |
Residential
4,133
Single Family
4,084
Multi-Family
49
Businesses
209
Date | Event | Price |
|---|---|---|
| 2025-05-12 | Listed for sale | $159,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Terri Weaver Your Home Team • Coldwell Banker Access Realty Milledgeville
Mls Name: Milledgeville MLS
Mls ID: #52584
Disclaimer: Copyright Milledgeville MLS. All rights reserved. Information is deemed reliable but not guaranteed.
