244 Cannon Branch Rd, Cordele, GA, 31015 | 4.76% Rental Yield

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244 Cannon Branch Rd, Cordele, GA, 31015 | 4.76% Rental Yield | Ziffy

For Sale

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 Cordele at 244 Cannon Branch Rd, Cordele, GA, 31015 earns from $3,170/mo rent with a $3,911/mo payment. Total monthly income totals $3,170/mo. ROI tracks 12.33% on current figures, and rental yield reads 4.76% at a $799,000 purchase. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 over five years. Five-year ROI reaches 62.04% and total cumulative return in cash sums $163,074. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,170/mo property income instead of your personal income.

Single Family

Built in 2007

1.12 Acres lot

$N/A/sqft

No HOA

More details about the property

Lakefront Living at Its Finest on Lake Blackshear. Nestled on the scenic shores of Lake Blackshear in the desirable Cannon Branch Subdivision, this exceptional property offers over 1.2 acres of serene lakefront living with approximately 175 feet of beautiful shoreline. This spacious home features four bedrooms, two full bathrooms, and a convenient half bath. Inside, you'll find a formal dining room, a large living room with a stunning stone fireplace, and a thoughtfully designed kitchen offering generous counter space and ample cabinetryperfect for cooking and entertaining. A standout feature is the oversized laundry room, which includes additional pantry space for added convenience. Sunlight fills the home through numerous windows, offering panoramic views that bring the outdoors in. Step outside to your own private retreat, featuring a custom-designed poola recent addition that adds both style and relaxation to the property. Ideally located just minutes from Georgia Veterans Memorial State Park, local dining, grocery stores, and more, this home offers the perfect blend of peaceful lakefront living and everyday convenience

Neighborhood Data

Neighborhood data shown for ZIP Code: 31015, Cordele, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,227 (100%)
Owner Occupied HU	4,451 (48.2%)
Renter Occupied HU	3,377 (36.6%)
Vacant Housing Units	1,399 (15.2%)
Median Home Value	$139,541
Average Home Value	$216,980