2298 S Ga Hwy #41, Cordele, GA, 31015 | 3.63% Rental Yield

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2298 S Ga Hwy #41, Cordele, GA, 31015 | 3.63% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Cordele at 2298 S Ga Hwy #41, Cordele, GA, 31015 listed at $325,000 pairs $982/mo rent with a $1,591/mo payment. Total monthly income runs $982/mo. Return on cash invested measures 8.81% in year one, and rental yield registers 3.63% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 43.21% and total cumulative return in cash totals $46,549. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $982/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1935

2.69 Acres lot

$N/A/sqft

No HOA

More details about the property

This 2.69 acre site consists of 2 parcels (026L 013 & 026L 014)with the parent property address being 2298 (PP) S GA HWY 41. along with 3 additional rental homes. All are presently rented with the exception of the parent property. 2 of the rentals are mobile homes (2290 S GA HWY 41 and 2268 S GA HWY 41) and 2 are site built homes (2298 S GA HWY 41 and 2292 S GA HWY 41 . Each home is connected to the private well on the property and each has its own septic system, mail box and separate address. A large shop building is located on back side of property along with a well house, a mobile unit being used as an office and several shelters. There are fruit trees on property (apple, pear, fig, peach) and black berries too.

Neighborhood Data

Neighborhood data shown for ZIP Code: 31015, Cordele, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,227 (100%)
Owner Occupied HU	4,451 (48.2%)
Renter Occupied HU	3,377 (36.6%)
Vacant Housing Units	1,399 (15.2%)
Median Home Value	$139,541
Average Home Value	$216,980