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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 McDonough at 2041 Gates Ct, McDonough, GA, 30253 at $335,000 posts ROI 28.94% with $836/mo cash flow from $2,902/mo rent. Total monthly income equals $2,902/mo, and annual cash flow records $10,029/yr on $111,053 to close. Return on cash invested measures 28.94% and rental yield reads 10.4% at the current $335,000. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 by year five. Five-year ROI prints 151.24% and total cumulative return in cash totals $167,960.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,902/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
5,227 sqft lot
$N/A/sqft
$325 annually HOA
Neighborhood data shown for ZIP Code: 30253, Mcdonough, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,106 (100%) |
| Owner Occupied HU | 15,660 (57.8%) |
| Renter Occupied HU | 9,725 (35.9%) |
| Vacant Housing Units | 1,721 ( 6.3%) |
| Median Home Value | $351,029 |
| Average Home Value | $377,545 |
Residential
25,489
Single Family
21,503
Multi-Family
3,986
Businesses
2,528
Date | Event | Price |
|---|---|---|
| 2024-11-11 | Price change | $335,000 |
| 2024-10-12 | Listed for sale | $345,000 |
| 2024-04-16 | Listing removed | $330,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-15 | $172.93 | -38.12% | $128,480 | 17.31% |
| 2022-11-15 | $279.45 | 191.25% | $109,520 | 24.00% |
| 2021-11-15 | $95.95 | N/A | $88,320 | 18.33% |
Listed by: Rochelle Moultrie • BHHS Georgia Properties
Mls Name: GAMLS
Mls Provider:
Mls ID: #10394726
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 2024 GAMLS. All rights reserved.
