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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 Cordele at 161 Cove Rd, Cordele, GA, 31015 generates $982/mo in rent, after a $1,525/mo payment. Total monthly income is $982/mo. Return on cash invested sits at 9.29% in year one, and rental yield is 3.78% on a $311,500 entry. Equity gained on principal adds $2,010/yr, while 5% annual appreciation builds toward $86,062 over five years. Five-year ROI reaches 45.74% and total cumulative return in cash sums $47,230. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $982/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.50 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 |
|---|---|---|
| 2025-04-25 | Listed for sale | $311,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amanda Wiley & Kyla Standring Team • Era All In One Realty
Mls Name: SWGMLS
Mls ID: #164799
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.
