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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 Saint Marys at 306 The Strand, Saint Marys, GA, 31558 offers $3,814/mo rent that, after a $2,881/mo payment, leaves $108/mo cash flow. Total monthly income is $3,814/mo, and annual cash flow is $1,296/yr on $193,660 cash. Return on cash invested measures 20.73% in year one, and rental yield stands at 7.78% at a $588,632 entry. Equity gained on principal adds $3,798/yr while 5% annual appreciation compounds into $162,628 by year five. Five-year ROI records 107.38% and total cumulative return in cash reaches $207,943. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,814/mo property income versus a $2,881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.32 Acres lot
$N/A/sqft
$1,482 annually HOA
Neighborhood data shown for ZIP Code: 31558, Saint Marys, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,665 (100%) |
| Owner Occupied HU | 5,314 (55.0%) |
| Renter Occupied HU | 3,536 (36.6%) |
| Vacant Housing Units | 815 ( 8.4%) |
| Median Home Value | $303,233 |
| Average Home Value | $358,400 |
Residential
9,262
Single Family
8,315
Multi-Family
947
Businesses
657
Date | Event | Price |
|---|---|---|
| 2024-10-02 | Listed for sale | $588,632 |
| 2008-09-15 | Listing removed | $107,900 |
| 2008-07-22 | Listed for sale | $107,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jerry Horn • Taylor Morrison Realty of GA
Mls Name: GAMLS
Mls Provider:
Mls ID: #10388146
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
