Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Menlo at 33 6th Ave, Menlo, GA, 30731 offers $2,279/mo rent that, after a $905/mo payment, leaves $1,154/mo cash flow. Total monthly income is $2,279/mo, and annual cash flow is $13,842/yr on $61,328 cash. Return on cash invested measures 42.48% in year one, and rental yield stands at 14.78% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 223.77% and total cumulative return in cash reaches $137,235. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,279/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1919
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30731, Menlo, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,395 (100%) |
| Owner Occupied HU | 845 (60.6%) |
| Renter Occupied HU | 175 (12.5%) |
| Vacant Housing Units | 375 (26.9%) |
| Median Home Value | $206,765 |
| Average Home Value | $254,092 |
Residential
1,172
Single Family
1,172
Multi-Family
0
Businesses
55
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Listed for sale | $185,000 |
| 2024-07-31 | Contingent | $185,000 |
| 2024-07-31 | Listed for sale | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $1330.99 | -13.10% | $55,532 | 13.74% |
| 2022-10-14 | $1531.69 | 1.17% | $48,825 | 14.55% |
| 2021-10-14 | $1513.91 | -1.47% | $42,623 | N/A |
Listed by: Amy Kelley • Better Homes and Gardens Real Estate Jackson Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1392143
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited Copyright 2024 by Chattanooga Association of REALTORS
