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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% |
Investment property for sale in Brunswick at 2408 Gordon St, Brunswick, GA, 31520 with 5% annual appreciation on a $189,000 basis while $1,914/mo rent supports operations. Total monthly income totals $1,914/mo and a $925/mo payment preserves $764/mo for cash returns. Annual cash flow comes to $9,165/yr on $62,654 deployed, and return on cash invested reaches 34.54% in year one. Equity gained on principal adds $1,220/yr, and five-year appreciation sums $52,217 alongside rental yield of 12.15%. Five-year ROI measures 181.15% and total cumulative return in cash totals $113,494.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,914/mo property income versus a $925/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31520, Brunswick, GA area.
| 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 |
Residential
9,251
Single Family
8,808
Multi-Family
443
Businesses
1,665
Date | Event | Price |
|---|---|---|
| 2024-09-23 | Listed for sale | $189,000 |
| 2005-02-08 | Sold | $25,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $239.60 | 24.99% | $11,680 | 28.07% |
| 2022-10-17 | $191.70 | 43.82% | $9,120 | 49.02% |
| 2021-10-17 | $133.29 | N/A | $6,120 | N/A |
Listed by: Michael Harris • Michael Harris Team
Mls Name: GIAOR
Mls ID: #1647929
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.
