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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 Summerville at 2264 Josh Ward Rd, Summerville, GA, 30747 generates $1,878/mo in rent and, after a $1,043/mo payment, leaves $581/mo in cash flow. Total monthly income is $1,878/mo, and annual cash flow is $6,974/yr on $70,610 invested. Return on cash invested sits at 29.79% in year one, and rental yield is 10.58% on a $213,000 entry. Equity gained on principal adds $1,374/yr, while 5% annual appreciation builds toward $58,848 over five years. Five-year ROI reaches 155.74% and total cumulative return in cash sums $109,965. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,878/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
5.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30747, Summerville, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,781 (100%) |
| Owner Occupied HU | 4,098 (60.4%) |
| Renter Occupied HU | 1,929 (28.4%) |
| Vacant Housing Units | 754 (11.1%) |
| Median Home Value | $138,110 |
| Average Home Value | $185,207 |
Residential
6,463
Single Family
6,235
Multi-Family
228
Businesses
480
Date | Event | Price |
|---|---|---|
| 2025-09-29 | Sold | $213,000 |
| 2025-09-06 | Contingent | $219,900 |
| 2025-08-23 | Listed for sale | $219,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $382.11 | 143.77% | $20,309 | 160.91% |
| 2023-10-23 | $156.75 | -13.76% | $7,784 | 4.91% |
| 2022-10-23 | $181.75 | 2.91% | $7,420 | 17.46% |
Listed by: Jake Kellerhals • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1517139
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2025 by Chattanooga Association of REALTORS
