Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Hortense at 278 Carl Burney Rd, Hortense, GA, 31543 offers $2,076/mo rent that, after a $1,072/mo payment, leaves $743/mo cash flow. Total monthly income is $2,076/mo, and annual cash flow is $8,916/yr on $72,599 cash. Return on cash invested measures 32.19% in year one, and rental yield stands at 11.38% at a $219,000 entry. Equity gained on principal adds $1,413/yr while 5% annual appreciation compounds into $60,506 by year five. Five-year ROI records 168.64% and total cumulative return in cash reaches $122,433. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,076/mo property income versus a $1,072/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2008
10.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31543, Hortense, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,316 (100%) |
| Owner Occupied HU | 1,592 (68.7%) |
| Renter Occupied HU | 317 (13.7%) |
| Vacant Housing Units | 407 (17.6%) |
| Median Home Value | $120,833 |
| Average Home Value | $175,198 |
Residential
2,019
Single Family
2,019
Multi-Family
0
Businesses
33
Date | Event | Price |
|---|---|---|
| 2024-09-05 | Price change | $219,000 |
| 2024-08-28 | Listed for sale | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | $1089.99 | N/A | $27,880 | 8.68% |
| 2022-09-15 | N/A | N/A | $25,653 | 150.86% |
| 2021-09-15 | $349.10 | -2.89% | $10,226 | N/A |
Listed by: Sinan Zakaria • Listed Simply
Mls Name: GAMLS
Mls Provider:
Mls ID: #10371927
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
