








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 Eatonton at 284 New Phoenix Rd, Eatonton, GA, 31024 earns from $6,802/mo rent with a $8,810/mo payment. Total monthly income totals $6,802/mo. ROI tracks 11.82% on current figures, and rental yield reads 4.53% at a $1,800,000 purchase. Equity gained on principal adds $11,615/yr, and 5% annual appreciation supports $497,307 over five years. Five-year ROI reaches 59.24% and total cumulative return in cash sums $345,515. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,802/mo property income instead of your personal income.
Single Family
Built in 1938
127.61 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 |
|---|---|---|
| 2024-11-25 | Listed for sale | $1,800,000 |
| 2024-08-02 | Sold | $1,400,000 |
| 2024-07-26 | Pending sale | $799,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $2440.33 | -4.48% | $402,020 | 50.27% |
| 2022-02-16 | $2554.88 | 5.56% | $267,531 | 2.89% |
| 2021-02-16 | $2420.34 | -22.02% | $260,025 | 4.01% |



Listed by: Jared D. Walker • Compass South Land Sales, LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10418417
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 2025 GAMLS. All rights reserved.