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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 Ludowici at 23 Thomas Way SE, Ludowici, GA, 31316 offers $2,311/mo rent that, after a $1,297/mo payment, leaves $606/mo cash flow. Total monthly income is $2,311/mo, and annual cash flow is $7,270/yr on $87,814 cash. Return on cash invested measures 28.19% in year one, and rental yield stands at 10.47% at a $264,900 entry. Equity gained on principal adds $1,709/yr while 5% annual appreciation compounds into $73,187 by year five. Five-year ROI records 147.57% and total cumulative return in cash reaches $129,584. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,311/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31316, Ludowici, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,467 (100%) |
| Owner Occupied HU | 3,367 (61.6%) |
| Renter Occupied HU | 1,551 (28.4%) |
| Vacant Housing Units | 549 (10.0%) |
| Median Home Value | $237,235 |
| Average Home Value | $267,839 |
Residential
5,297
Single Family
5,297
Multi-Family
0
Businesses
150
Date | Event | Price |
|---|---|---|
| 2025-01-09 | Listed for sale | $264,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $3308.74 | -0.05% | $87,758 | N/A |
| 2022-02-14 | $3310.49 | N/A | $87,758 | N/A |
Listed by: Sharon Y. Owens • Realty One Group Inclusion
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #322921
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.
