1668 E Golden Isles Hwy, Mc Rae, GA, 31055 | 1.99% Rental Yield

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Price: $300K - 500K

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1668 E Golden Isles Hwy, Mc Rae, GA, 31055 | 1.99% Rental Yield | Ziffy

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Mc Rae at 1668 E Golden Isles Hwy, Mc Rae, GA, 31055 generates $870/mo in rent, after a $2,570/mo payment. Total monthly income is $870/mo. Return on cash invested sits at 3.9% in year one, and rental yield is 1.99% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 16.85% and total cumulative return in cash sums $29,109. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $870/mo property income rather than buyer’s personal income.

Single Family

Built in 1973

58 Acres lot

$N/A/sqft

No HOA

More details about the property

Located at 1668 E Golden Isles Hwy between McRae-Helena and Lumber City, this exceptional 58-ac property offers a rare blend of beauty, usability, and space. The land features approximately 3 ac of ponds ideal for fishing and scenery, 22 ac of well-established planted pines, 23 ac of open pasture perfect for horses or a small cattle operation, with the balance in hardwoods as well as the homeplace. Mature timber and productive pasture make this tract both functional and picturesque. As a bonus there are some lemon trees that truly must be seen to be believed. Inside the brick ranch you'll find a comfortable den with fireplace and custom cabinetry, formal living room and dining room at the front of the home, and a cozy sunroom at the rear of the home. The laundry includes a sink and shower for added convenience. For convenience the paved driveway leads right into and through the carport for ease of parking. A small barn/shed with lean-tos adds additional utility to this property.

Neighborhood Data

Neighborhood data shown for ZIP Code: 31055, Mc Rae, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,280 (100%)
Owner Occupied HU	1,271 (55.7%)
Renter Occupied HU	632 (27.7%)
Vacant Housing Units	377 (16.5%)
Median Home Value	$152,440
Average Home Value	$199,687