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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 Ludowici at 38 Rimes Ave, Ludowici, GA, 31316 at $299,900 posts ROI 32.64% with $1,055/mo cash flow from $2,880/mo rent. Total monthly income equals $2,880/mo, and annual cash flow records $12,655/yr on $99,417 to close. Return on cash invested measures 32.64% and rental yield reads 11.52% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 170.98% and total cumulative return in cash totals $169,984.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,880/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31316, Ludowici, GA area.
| 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 |
Residential
5,297
Single Family
5,297
Multi-Family
0
Businesses
150
Date | Event | Price |
|---|---|---|
| 2024-07-18 | Price change | $299,900 |
| 2024-06-29 | Listed for sale | $307,900 |
| 2021-12-17 | Sold | $232,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Juanita Lowery • Keller Williams Realty Coastal Area Partners
Mls Name: HABR
Mls ID: #155065
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.
