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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 Montezuma at 303 N Dooly St, Montezuma, GA, 31063 priced at $187,500 converts $4,423/mo rent into $3,154/mo cash flow after a $918/mo obligation. Total monthly income equals $4,423/mo, and annual cash flow totals $37,852/yr on $62,156 invested. Return on cash invested prints 80.81% in year one, and rental yield reads 28.31% against a $187,500 entry. Equity gained on principal adds $1,210/yr, while 5% annual appreciation compiles into $51,803 by year five. Five-year ROI reaches 430.21% and total cumulative return in cash sums $267,403. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,423/mo property income covering a $918/mo payment, not borrower’s personal income.
Single Family
Built in 1936
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31063, Montezuma, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,271 (100%) |
| Owner Occupied HU | 1,188 (52.3%) |
| Renter Occupied HU | 690 (30.4%) |
| Vacant Housing Units | 393 (17.3%) |
| Median Home Value | $105,788 |
| Average Home Value | $142,980 |
Residential
1,826
Single Family
1,782
Multi-Family
44
Businesses
222
Date | Event | Price |
|---|---|---|
| 2024-07-27 | Price change | $187,500 |
| 2024-04-23 | Price change | $198,000 |
| 2024-04-11 | Listed for sale | $209,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-14 | $3082.16 | 23.51% | $76,276 | 35.94% |
| 2022-09-14 | $2495.51 | 54.00% | $56,108 | 54.00% |
| 2021-09-14 | $1620.43 | 8.86% | $36,433 | N/A |
What's Special
Storage
Listed by: Rene Valdes • COLDWELL BANKER FREE REALTY
Mls Name: CGMLS
Mls ID: #241989
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.
