2340 Cate St, Brunswick, GA, 31520 | $850/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2340 Cate St, Brunswick, GA, 31520 | $850/mo Cash Flow | Ziffy

For Sale

Motivated Seller

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 Brunswick at 2340 Cate St, Brunswick, GA, 31520 uses $34,808 cash to close to unlock $10,198/yr annual cash flow and $850/mo monthly cash flow. Total monthly income runs $1,489/mo, and a $514/mo payment keeps the spread at $850/mo. Purchase price stands at $105,000, and rental yield measures 17.02% with $1,489/mo rent. Return on cash invested shows 49.21% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 259.85% and total cumulative return in cash records $90,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,489/mo property income covering a $514/mo payment rather than investor’s personal income.

Single Family

Built in 1943

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

This 2 bedroom, 1 bath bungalow packs a lot of potential to be realized by an investor or homeowner with renovation skills. The property has block construction and crawl space as well as a fire place. The owner really doesn't have any background on the property and therefore is selling it "AS IS". Because of this the buyer should perform their due diligence accordingly. Please do not bring your children when you visit the house. Brunswick-Glynn Joint Water and Sewer Commission recently installed new water main in the street and gravity sewer. The home will need to be connected to the sewer line because the septic system cannot be repaired. There is a lot of potential here. Owner/Agent Disclosure: The listing agent is the owner of the LLC that owns the property. Visit the property and make an offer before someone else does.

Neighborhood Data

Neighborhood data shown for ZIP Code: 31520, Brunswick, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,319 (100%)
Owner Occupied HU	3,859 (37.4%)
Renter Occupied HU	5,011 (48.6%)
Vacant Housing Units	1,449 (14.0%)
Median Home Value	$167,500
Average Home Value	$281,158