Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 158 Old Blackshear Rd, Cordele, GA, 31015 at $245,800 posts ROI 31.09% with $759/mo cash flow from $2,255/mo rent. Total monthly income equals $2,255/mo, and annual cash flow records $9,109/yr on $81,483 to close. Return on cash invested measures 31.09% and rental yield reads 11.01% at the current $245,800. Equity gained on principal adds $1,586/yr, and 5% annual appreciation supports $67,910 by year five. Five-year ROI prints 162.72% and total cumulative return in cash totals $132,587.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,255/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
3.58 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 |
|---|---|---|
| 2024-12-31 | Price change | $245,800 |
| 2024-12-09 | Price change | $245,900 |
| 2024-12-03 | Price change | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | $1535.18 | 1.31% | $56,699 | 5.08% |
| 2022-01-09 | $1515.36 | 43.39% | $53,960 | 5.35% |
| 2021-01-09 | $1056.79 | 0.73% | $51,221 | N/A |
Listed by: Steven T Koleno • Beycome Brokerage Realty LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10412120
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 2024 GAMLS. All rights reserved.
