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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% |
Investment property for sale in Elko at 3281 S Highway 41, Elko, GA, 31025 earns $706/mo cash flow from $2,410/mo rent with a $1,370/mo payment. Total monthly income totals $2,410/mo, and annual cash flow totals $8,476/yr on $92,820 capital. ROI tracks 29.04% on current figures, and rental yield reads 10.33% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 151.71% and total cumulative return in cash sums $140,817. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,410/mo property income instead of your personal income.
Single Family
Built in 1978
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31025, Elko, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 763 (100%) |
| Owner Occupied HU | 639 (83.7%) |
| Renter Occupied HU | 80 (10.5%) |
| Vacant Housing Units | 44 ( 5.8%) |
| Median Home Value | $357,595 |
| Average Home Value | $389,988 |
Residential
635
Single Family
635
Multi-Family
0
Businesses
22
Date | Event | Price |
|---|---|---|
| 2024-10-09 | Listed for sale | $280,000 |
| 2023-10-16 | Sold | $245,000 |
| 2023-08-28 | Pending sale | $280,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | $1546.78 | 6.82% | $64,600 | 8.39% |
| 2022-01-09 | $1447.99 | 8.76% | $59,600 | 8.76% |
| 2021-01-09 | $1331.37 | 1.91% | $54,800 | 2.39% |
Listed by: Shannon Ross • PBG BUILT REALTY LLC
Mls Name: CGMLS
Mls ID: #246227
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.
