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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% |
Investment property for sale in Elko at 2930 Elko Rd, Elko, GA, 31025 offers a 6.91% rental yield on a $750,000 purchase with $4,316/mo rent. 85% in year one. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Portfolio math shows five-year ROI at 97% and total cumulative return in cash at $239,358. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,316/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
10.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31025, Elko, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 763 (100%) |
| Owner Occupied HU | 639 (83.7%) |
| Renter Occupied HU | 80 (10.5%) |
| Vacant Housing Units | 44 ( 5.8%) |
| Median Home Value | $357,595 |
| Average Home Value | $389,988 |
Residential
635
Single Family
635
Multi-Family
0
Businesses
22
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Listed for sale | $750,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | $4132.73 | 4.67% | $172,600 | 6.20% |
| 2022-01-09 | $3948.44 | 5.92% | $162,520 | 5.92% |
| 2021-01-09 | $3727.83 | 18.06% | $153,440 | 18.61% |
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Listed by: Jill Olf • KELLER WILLIAMS REALTY MIDDLE GEORGIA
Mls Name: CGMLS
Mls ID: #246641
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.
