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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 309 Leon Ave, Montezuma, GA, 31063 generates $1,912/mo in rent and, after a $1,123/mo payment, leaves $516/mo in cash flow. Total monthly income is $1,912/mo, and annual cash flow is $6,186/yr on $76,079 invested. Return on cash invested sits at 28.04% in year one, and rental yield is 10% on a $229,500 entry. Equity gained on principal adds $1,481/yr, while 5% annual appreciation builds toward $63,407 over five years. Five-year ROI reaches 146.33% and total cumulative return in cash sums $111,330. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,912/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.63 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 |
|---|---|---|
| 2024-12-20 | Listed for sale | $229,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | N/A | N/A | $69,890 | 36.42% |
| 2022-02-16 | N/A | N/A | $51,230 | 41.99% |
| 2021-02-16 | N/A | N/A | $36,080 | N/A |
Listed by: Sandra Wall • COLDWELL BANKER FREE REALTY
Mls Name: CGMLS
Mls ID: #247470
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.
