







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 Ludowici at 164 Palmetto Way NE, Ludowici, GA, 31316 priced at $321,414 converts $2,880/mo rent into $884/mo cash flow after a $1,573/mo obligation. Total monthly income equals $2,880/mo, and annual cash flow totals $10,608/yr on $106,549 invested. Return on cash invested prints 29.86% in year one, and rental yield reads 10.75% against a $321,414 entry. Equity gained on principal adds $2,074/yr, while 5% annual appreciation compiles into $88,801 by year five. Five-year ROI reaches 156.25% and total cumulative return in cash sums $166,479. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $1,573/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.69 Acres lot
$N/A/sqft
$480 annually HOA
Neighborhood data shown for ZIP Code: 31316, Ludowici, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,467 (100%) |
| Owner Occupied HU | 3,367 (61.6%) |
| Renter Occupied HU | 1,551 (28.4%) |
| Vacant Housing Units | 549 (10.0%) |
| Median Home Value | $237,235 |
| Average Home Value | $267,839 |
Residential
5,297
Single Family
5,297
Multi-Family
0
Businesses
150
Date | Event | Price |
|---|---|---|
| 2024-11-02 | Listed for sale | $321,414 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Wendy J. Redditt • Mungo Homes Realty LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #321732
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.