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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% |
Rental property for sale in Wrens at 408 N Thompson St, Wrens, GA, 30833 generates $2,064/mo in rent and, after a $658/mo payment, leaves $1,109/mo in cash flow. Total monthly income is $2,064/mo, and annual cash flow is $13,302/yr on $44,554 invested. Return on cash invested sits at 49.77% in year one, and rental yield is 18.43% on a $134,400 entry. Equity gained on principal adds $867/yr, while 5% annual appreciation builds toward $37,132 over five years. Five-year ROI reaches 264.18% and total cumulative return in cash sums $117,700. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,064/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30833, Wrens, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,753 (100%) |
| Owner Occupied HU | 973 (55.5%) |
| Renter Occupied HU | 572 (32.6%) |
| Vacant Housing Units | 208 (11.9%) |
| Median Home Value | $150,718 |
| Average Home Value | $191,935 |
Residential
1,425
Single Family
1,424
Multi-Family
1
Businesses
190
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Price change | $134,400 |
| 2024-09-03 | Price change | $151,200 |
| 2024-07-17 | Listed for sale | $168,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2763.51 | 27.65% | $61,346 | 30.92% |
| 2022-10-15 | $2164.89 | 120.81% | $46,858 | 113.09% |
| 2021-10-15 | $980.45 | -0.69% | $21,990 | -0.43% |
Listed by: Lidia Harris • LNH Realty, LLC
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #531702
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.
