








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 Milledgeville at 205 Lakecrest Dr, Milledgeville, GA, 31061 projects strong ROI of 5.3%. Rental yield 2.42%. With 5% annual appreciation, the property builds $828,568 in value over five years. Equity growth combined delivers a projected five-year ROI of 24.28%, translating into $235,953 in total cumulative return on $971,676 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2023
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31061, Milledgeville, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,866 (100%) |
| Owner Occupied HU | 9,803 (49.3%) |
| Renter Occupied HU | 6,348 (32.0%) |
| Vacant Housing Units | 3,715 (18.7%) |
| Median Home Value | $224,135 |
| Average Home Value | $295,359 |
Residential
17,899
Single Family
16,975
Multi-Family
924
Businesses
1,303
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $2,999,000 |
| 2025-04-23 | Listing removed | $3,200,000 |
| 2024-10-23 | Listed for sale | $3,200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-25 | $1517.23 | 0.93% | $60,660 | N/A |
| 2022-04-25 | $1503.28 | N/A | $60,660 | N/A |
| 2021-04-25 | N/A | N/A | $60,660 | N/A |



Listed by: Danielle McLemore • Lake Water Living McLemore Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10508129
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.