








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 Hamilton at 23 Edgewater Ct, Hamilton, GA, 31811 priced at $597,000 converts $1,500/mo rent into after a $2,922/mo obligation. Total monthly income equals $1,500/mo. Return on cash invested prints 6.78% in year one, and rental yield reads 3.02% against a $597,000 entry. Equity gained on principal adds $3,852/yr, while 5% annual appreciation compiles into $164,940 by year five. Five-year ROI reaches 32.37% and total cumulative return in cash sums $63,570. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,500/mo property income covering a $2,922/mo payment, not borrower’s personal income.
Single Family
Built in 2017
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31811, Hamilton, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,634 (100%) |
| Owner Occupied HU | 1,949 (74.0%) |
| Renter Occupied HU | 342 (13.0%) |
| Vacant Housing Units | 343 (13.0%) |
| Median Home Value | $327,579 |
| Average Home Value | $415,581 |
Residential
2,270
Single Family
2,270
Multi-Family
0
Businesses
144
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Price change | $597,000 |
| 2025-06-13 | Price change | $605,000 |
| 2025-05-20 | Price change | $615,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-20 | $5433.62 | 0.17% | $202,296 | 0.17% |
| 2023-07-20 | $5424.55 | 10.53% | $201,955 | 10.63% |
| 2022-07-20 | $4907.71 | -1.58% | $182,547 | 2.05% |



What's Special
Permanent Stairs
Listed by: Wendy Barker • 1827 Real Estate LLC
Mls Name: CBORGA
Mls Provider:
Mls ID: #222323
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.