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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 Ludowici at 291 Madison Ave NE, Ludowici, GA, 31316 generates $1,962/mo in rent and, after a $1,165/mo payment, leaves $509/mo in cash flow. Total monthly income is $1,962/mo, and annual cash flow is $6,111/yr on $78,897 invested. Return on cash invested sits at 27.65% in year one, and rental yield is 9.89% on a $238,000 entry. Equity gained on principal adds $1,536/yr, while 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 144.31% and total cumulative return in cash sums $113,854. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,962/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31316, Ludowici, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,467 (100%) |
| Owner Occupied HU | 3,367 (61.6%) |
| Renter Occupied HU | 1,551 (28.4%) |
| Vacant Housing Units | 549 (10.0%) |
| Median Home Value | $237,235 |
| Average Home Value | $267,839 |
Residential
5,297
Single Family
5,297
Multi-Family
0
Businesses
150
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $238,000 |
| 2025-04-03 | Listing removed | $245,000 |
| 2025-03-19 | Price change | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-24 | $2024.64 | 4.92% | $57,735 | N/A |
| 2022-04-24 | $1929.79 | 0.44% | $57,735 | 3.26% |
| 2021-04-24 | $1921.31 | -0.58% | $55,914 | N/A |
Listed by: Ross Hammer • American Veteran Properties
Mls Name: HABR
Mls ID: #160242
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.
