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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 Thomaston at 1837 Highway 19 N, Thomaston, GA, 30286 generates $1,750/mo in rent and, after a $990/mo payment, leaves $519/mo in cash flow. Total monthly income is $1,750/mo, and annual cash flow is $6,229/yr on $67,029 invested. Return on cash invested sits at 29.2% in year one, and rental yield is 10.39% on a $202,200 entry. Equity gained on principal adds $1,305/yr, while 5% annual appreciation builds toward $55,864 over five years. Five-year ROI reaches 152.61% and total cumulative return in cash sums $102,291. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,750/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30286, Thomaston, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,873 (100%) |
| Owner Occupied HU | 6,037 (55.5%) |
| Renter Occupied HU | 3,840 (35.3%) |
| Vacant Housing Units | 996 ( 9.2%) |
| Median Home Value | $172,390 |
| Average Home Value | $218,651 |
Residential
10,465
Single Family
10,287
Multi-Family
178
Businesses
827
Date | Event | Price |
|---|---|---|
| 2024-08-07 | Listing removed | $197,500 |
| 2022-10-27 | Sold | $180,000 |
| 2022-09-06 | Pending sale | $197,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Charley Sorrow • Atlanta Fine Homes - Sotheby's Int'l
Mls Name: GAMLS
Mls Provider:
Mls ID: #10045900
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.
