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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 Townsend at 2704 Fair Hope Rd NE, Townsend, GA, 31331 priced at $210,000 pairs $1,320/mo rent with $42/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,320/mo, and annual cash flow comes to $501/yr on $69,615 invested. Return on cash invested is 20.63% in year one, and rental yield stands at 7.54% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 106.59% and total cumulative return in cash reaches $74,200. For financing, Ziffy Mortgage’s DSCR program evaluates $1,320/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31331, Townsend, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,077 (100%) |
| Owner Occupied HU | 2,238 (54.9%) |
| Renter Occupied HU | 441 (10.8%) |
| Vacant Housing Units | 1,398 (34.3%) |
| Median Home Value | $226,210 |
| Average Home Value | $289,660 |
Residential
3,091
Single Family
3,066
Multi-Family
25
Businesses
165
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Price change | $210,000 |
| 2024-09-09 | Price change | $215,000 |
| 2024-09-03 | Price change | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $825.61 | 60.18% | $24,268 | 14.04% |
| 2022-01-08 | $515.42 | N/A | $21,280 | 24.30% |
| 2021-01-08 | $515.42 | 3.31% | $17,120 | 0.47% |
Listed by: Christopher Jarriel • The Hawthorne Agency Inc
Mls Name: GIAOR
Mls ID: #1648662
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.
