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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 Greensboro at 306 E Greene St, Greensboro, GA, 30642 generates $2,790/mo in rent and, after a $734/mo payment, leaves $1,848/mo in cash flow. Total monthly income is $2,790/mo, and annual cash flow is $22,173/yr on $49,725 invested. Return on cash invested sits at 64.5% in year one, and rental yield is 22.32% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 342.12% and total cumulative return in cash sums $170,118. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,790/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30642, Greensboro, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,860 (100%) |
| Owner Occupied HU | 5,509 (62.2%) |
| Renter Occupied HU | 1,395 (15.7%) |
| Vacant Housing Units | 1,956 (22.1%) |
| Median Home Value | $598,488 |
| Average Home Value | $720,147 |
Residential
8,449
Single Family
8,065
Multi-Family
384
Businesses
711
Date | Event | Price |
|---|---|---|
| 2025-06-11 | Sold | $150,000 |
| 2025-05-18 | Contingent | $149,000 |
| 2025-05-15 | Listed for sale | $149,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $1598.65 | 4.90% | $68,680 | 8.53% |
| 2023-10-28 | $1523.95 | -1.35% | $63,280 | 8.73% |
| 2022-10-28 | $1544.84 | 9.35% | $58,200 | 11.67% |
Listed by: Justin Peacock • Keller Williams Realty Lake Oconee
Mls Name: LCBOR
Mls Provider:
Mls ID: #68600
Disclaimer: Copyright Lake Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
