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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% |
Investment property for sale in Eatonton at 203 N Lafayette St, Eatonton, GA, 31024 listed at $310,000 pairs $3,550/mo rent with a $1,517/mo payment to leave $1,664/mo cash flow. Total monthly income runs $3,550/mo, and annual cash flow reaches $19,963/yr on $102,765 cash to close. Return on cash invested measures 39.33% in year one, and rental yield registers 13.74% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 206.89% and total cumulative return in cash totals $212,611. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,550/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31024, Eatonton, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,158 (100%) |
| Owner Occupied HU | 7,108 (54.0%) |
| Renter Occupied HU | 2,298 (17.5%) |
| Vacant Housing Units | 3,752 (28.5%) |
| Median Home Value | $297,495 |
| Average Home Value | $420,523 |
Residential
10,987
Single Family
10,774
Multi-Family
213
Businesses
828
Date | Event | Price |
|---|---|---|
| 2025-02-14 | Sold | $310,000 |
| 2025-01-29 | Pending sale | $329,000 |
| 2024-12-31 | Price change | $329,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-23 | $1566.39 | -4.78% | $98,489 | 5.04% |
| 2022-09-23 | $1645.08 | -3.67% | $93,759 | 16.68% |
| 2021-09-23 | $1707.83 | -4.17% | $80,354 | 20.60% |
Listed by: Mike Hagen • Keller Williams Realty Lake Oconee
Mls Name: LCBOR
Mls Provider:
Mls ID: #67093
Disclaimer: Copyright Lake Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
