34 Barrett Cemetery Rd NELudowiciGA31316
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Ludowici at 34 Barrett Cemetery Rd NE, Ludowici, GA, 31316 generates $3,012/mo in rent and, after a $2,202/mo payment, leaves $196/mo in cash flow. Total monthly income is $3,012/mo, and annual cash flow is $2,355/yr on $149,142 invested. Return on cash invested sits at 21.49% in year one, and rental yield is 8.03% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 111.41% and total cumulative return in cash sums $166,162. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,012/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
4.27 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 31316, Ludowici, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,467 (100%) |
| Owner Occupied HU | 3,367 (61.6%) |
| Renter Occupied HU | 1,551 (28.4%) |
| Vacant Housing Units | 549 (10.0%) |
| Median Home Value | $237,235 |
| Average Home Value | $267,839 |
Housing Distribution
Address Breakdown
Residential
5,297
Single Family
5,297
Multi-Family
0
Businesses
150
Price History
Date | Event | Price |
|---|---|---|
| 2024-12-10 | Listed for sale | $449,900 |
| 2024-12-09 | Pending sale | $449,900 |
| 2024-12-09 | Contingent | $449,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $4664.92 | 222.70% | $143,729 | N/A |
| 2022-01-08 | $1445.60 | 466.88% | $143,729 | 38.16% |
| 2021-01-08 | $255.01 | -53.10% | $104,032 | 1.43% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1995
- Architectural Style: Traditional
- Building Area: 2,413
- Living Area: 2,413 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Carpet, Laminate, Tile
- Interior Features: High Ceilings, Master Downstairs
- Exterior Features: N/A
- Parking Features: Attached, Garage
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: None
Utilities
- Utilities: Other
- Sewer: Septic Tank
- Water Source: Private, Well
- Road Surface Type: N/A
School Information
- Elementary School: McClelland
- Middle School: Long County
- High School: Long County
Listed by: Jennifer Driggers • Coldwell Banker Southern Coast
Mls Name: GAMLS
Mls Provider:
Mls ID: #10396554
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.