








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 Gray at 162 Homer Roberts Rd, Gray, GA, 31032 uses $63,814 cash to close to unlock $8,215/yr annual cash flow and $685/mo monthly cash flow. Total monthly income runs $1,856/mo, and a $942/mo payment keeps the spread at $685/mo. Purchase price stands at $192,500, and rental yield measures 11.57% with $1,856/mo rent. Return on cash invested shows 32.78% in year one, and 5% annual appreciation builds toward $53,184 over five years. Five-year ROI reaches 171.77% and total cumulative return in cash records $109,613. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,856/mo property income covering a $942/mo payment rather than investor’s personal income.
Single Family
Built in 2004
2 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-17 | Listed for sale | $192,500 |
| 2003-11-14 | Sold | $13,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-17 | N/A | N/A | $41,822 | 0.88% |
| 2022-03-17 | N/A | N/A | $41,457 | N/A |
| 2021-03-17 | N/A | N/A | $41,457 | N/A |



What's Special
Expandable
Listed by: Debra Kitchens • Almost Home Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10479954
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 2025 GAMLS. All rights reserved.