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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 Monroe at 1617 Deer Creek Lane, Monroe, GA, 30655 generates $2,483/mo in rent and, after a $1,591/mo payment, leaves $505/mo in cash flow. Total monthly income is $2,483/mo, and annual cash flow is $6,057/yr on $107,738 invested. Return on cash invested sits at 25.53% in year one, and rental yield is 9.17% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 132.86% and total cumulative return in cash sums $143,137. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,483/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30655, Monroe, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,019 (100%) |
| Owner Occupied HU | 7,579 (63.1%) |
| Renter Occupied HU | 3,844 (32.0%) |
| Vacant Housing Units | 596 ( 5.0%) |
| Median Home Value | $361,128 |
| Average Home Value | $383,636 |
Residential
11,277
Single Family
11,126
Multi-Family
151
Businesses
1,077
Date | Event | Price |
|---|---|---|
| 2025-10-23 | Pending sale | $325,000 |
| 2025-09-25 | Listed for sale | $325,000 |
| 2021-01-08 | Sold | $202,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $1056.03 | 2.04% | $131,800 | 3.49% |
| 2023-10-27 | $1034.94 | 7.55% | $127,360 | 9.87% |
| 2022-10-27 | $962.25 | -59.28% | $115,920 | 38.66% |
Listed by: Evelyn Vanoostrom • Algin Realty
Mls Name: Hive MLS
Mls Provider:
Mls ID: #CL340503
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2025-10-17 12:20:34 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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. 2025-10-17 12:20:34 PDT Hive MLS
