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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 Ellenwood at 2074 Slate Rd, Ellenwood, GA, 30294 priced at $270,000 converts $1,748/mo rent into $104/mo cash flow after a $1,322/mo obligation. Total monthly income equals $1,748/mo, and annual cash flow totals $1,251/yr on $89,505 invested. Return on cash invested prints 21.31% in year one, and rental yield reads 7.77% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 110.25% and total cumulative return in cash sums $98,677. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,748/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30294, Ellenwood, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,237 (100%) |
| Owner Occupied HU | 11,663 (76.5%) |
| Renter Occupied HU | 2,964 (19.5%) |
| Vacant Housing Units | 610 ( 4.0%) |
| Median Home Value | $291,468 |
| Average Home Value | $354,414 |
Residential
15,511
Single Family
14,965
Multi-Family
546
Businesses
548
Date | Event | Price |
|---|---|---|
| 2025-01-23 | Price change | $270,000 |
| 2024-12-07 | Listed for sale | $290,000 |
| 2024-04-16 | Sold | $72,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $1083.51 | 22.10% | $29,040 | 33.70% |
| 2022-02-16 | $887.42 | 25.62% | $21,720 | 27.76% |
| 2021-02-16 | $706.44 | -18.02% | $17,000 | -17.76% |
Listed by: Brooke Liley • Fathom Realty GA, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7494939
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