291 Greystone Dr, Milledgeville, GA, 31061 | $149/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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291 Greystone Dr, Milledgeville, GA, 31061 | $149/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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623&617 Old Monticello Rd NW, Milledgeville, GA, 31061

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

Rental property for sale in Milledgeville at 291 Greystone Dr, Milledgeville, GA, 31061 offers $3,551/mo rent that, after a $2,736/mo payment, leaves $149/mo cash flow. Total monthly income is $3,551/mo, and annual cash flow is $1,786/yr on $183,911 cash. Return on cash invested measures 21.03% in year one, and rental yield stands at 7.62% at a $559,000 entry. Equity gained on principal adds $3,607/yr while 5% annual appreciation compounds into $154,441 by year five. Five-year ROI records 108.69% and total cumulative return in cash reaches $199,887. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,551/mo property income versus a $2,736/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2005

0.88 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 291 Greystone Drive - Your Dream Home in the Heart of Milledgeville! This beautifully maintained 5-bedroom, 3.5-bath home offers the perfect combination of modern comfort and southern charm. Featuring an open layout, stunning outdoor spaces, and thoughtful details throughout, this property is designed for both everyday living and unforgettable entertaining. Key Features: Spacious Open Floor Plan - A bright and inviting living area with tray ceilings creates a warm, welcoming atmosphere for gatherings or cozy nights in. Gourmet Kitchen - Equipped with abundant cabinetry, a breakfast bar, and modern appliances, this kitchen is both stylish and functional. Luxurious Bedrooms - Five spacious bedrooms, including a primary suite with tray ceilings, walk-in closet, and a private en suite bath, provide plenty of room for rest and relaxation. Outdoor Oasis - Step into your backyard retreat featuring a sparkling gunite saltwater pool, screened porch, deck, and patio overlooking a beautifully landscaped yard. Perfect for summer fun or quiet evenings outdoors. Convenience & Comfort - Includes a 2-car garage, gas range, fireplace, and prime location just minutes from downtown Milledgeville, shopping, schools, and dining. From poolside gatherings to peaceful mornings on the porch, this move-in-ready home is ideal for those who want space, comfort, and convenience. Don't miss your opportunity to own one of Milledgeville's standout properties.

Neighborhood Data

Neighborhood data shown for ZIP Code: 31061, Milledgeville, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,866 (100%)
Owner Occupied HU	9,803 (49.3%)
Renter Occupied HU	6,348 (32.0%)
Vacant Housing Units	3,715 (18.7%)
Median Home Value	$224,135
Average Home Value	$295,359