309 W 1st St,Ocilla,GA,31774

Investment Highlights

Rental property for sale in Ocilla at 309 W 1st St, Ocilla, GA, 31774 priced at $224,900 pairs $3,074/mo rent with $1,668/mo cash flow after a $1,101/mo payment. Total monthly income equals $3,074/mo, and annual cash flow comes to $20,010/yr on $74,554 invested. Return on cash invested is 46.75% in year one, and rental yield stands at 16.4% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. Five-year ROI measures 246.88% and total cumulative return in cash reaches $184,057. For financing, Ziffy Mortgage’s DSCR program evaluates $3,074/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.