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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 Morrow at 1946 Cornell Way, Morrow, GA, 30260 generates $1,282/mo in rent and, after a $808/mo payment, leaves $277/mo in cash flow. Total monthly income is $1,282/mo, and annual cash flow is $3,328/yr on $54,698 invested. Return on cash invested sits at 25.99% in year one, and rental yield is 9.32% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 135.38% and total cumulative return in cash sums $74,051. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,282/mo property income rather than buyer’s personal income.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30260, Morrow, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,745 (100%) |
| Owner Occupied HU | 4,749 (40.4%) |
| Renter Occupied HU | 5,964 (50.8%) |
| Vacant Housing Units | 1,032 ( 8.8%) |
| Median Home Value | $229,542 |
| Average Home Value | $261,335 |
Residential
9,613
Single Family
7,843
Multi-Family
1,770
Businesses
1,190
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kimberly Peacock • Southern Real Estate Properties
Mls Name: GAMLS
Mls ID: #10655661
