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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 Luthersville at 21 Fleming Rd, Luthersville, GA, 30251 generates $2,452/mo in rent and, after a $734/mo payment, leaves $1,509/mo in cash flow. Total monthly income is $2,452/mo, and annual cash flow is $18,110/yr on $49,725 invested. Return on cash invested sits at 56.33% in year one, and rental yield is 19.62% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 298.39% and total cumulative return in cash sums $148,374. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,452/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
7.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30251, Luthersville, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 782 (76.3%) |
| Renter Occupied HU | 179 (17.5%) |
| Vacant Housing Units | 64 ( 6.2%) |
| Median Home Value | $230,909 |
| Average Home Value | $235,400 |
Residential
1,018
Single Family
1,018
Multi-Family
0
Businesses
67
Date | Event | Price |
|---|---|---|
| 2024-09-25 | Listed for sale | $150,000 |
| 2024-08-22 | Pending sale | $150,000 |
| 2024-07-13 | Listed for sale | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-18 | $1605.76 | -1.19% | $94,600 | 23.69% |
| 2022-10-18 | $1625.12 | -2.21% | $76,480 | N/A |
| 2021-10-18 | $1661.90 | -0.29% | $76,480 | N/A |
Listed by: Kris M. Kolarich • Southern Classic Realtors
Mls Name: GAMLS
Mls Provider:
Mls ID: #10337945
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.
