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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 Eatonton at 243 W River Bend Dr, Eatonton, GA, 31024 offers $4,548/mo rent that, after a $2,080/mo payment, leaves $1,962/mo cash flow. Total monthly income is $4,548/mo, and annual cash flow is $23,538/yr on $140,888 cash. Return on cash invested measures 36.62% in year one, and rental yield stands at 12.84% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 192.3% and total cumulative return in cash reaches $270,929. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,548/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31024, Eatonton, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,158 (100%) |
| Owner Occupied HU | 7,108 (54.0%) |
| Renter Occupied HU | 2,298 (17.5%) |
| Vacant Housing Units | 3,752 (28.5%) |
| Median Home Value | $297,495 |
| Average Home Value | $420,523 |
Residential
10,987
Single Family
10,774
Multi-Family
213
Businesses
828
Date | Event | Price |
|---|---|---|
| 2025-07-31 | Sold | $425,000 |
| 2025-07-03 | Pending sale | $485,000 |
| 2025-06-13 | Listed for sale | $485,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-25 | $1365.31 | -3.06% | $137,540 | 15.57% |
| 2022-10-25 | $1408.35 | -12.52% | $119,006 | 27.14% |
| 2021-10-25 | $1609.88 | -4.78% | $93,602 | 2.53% |
Listed by: Beth David-Erwin • Southern Classic, REALTORS
Mls Name: LCBOR
Mls Provider:
Mls ID: #68798
Disclaimer: Copyright Lake Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
