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 Montezuma at 413 Engram St, Montezuma, GA, 31063 generates $2,148/mo in rent and, after a $573/mo payment, leaves $1,385/mo in cash flow. Total monthly income is $2,148/mo, and annual cash flow is $16,618/yr on $38,786 invested. Return on cash invested sits at 62.76% in year one, and rental yield is 22.03% on a $117,000 entry. Equity gained on principal adds $755/yr, while 5% annual appreciation builds toward $32,325 over five years. Five-year ROI reaches 333.07% and total cumulative return in cash sums $129,181. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,148/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31063, Montezuma, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,271 (100%) |
| Owner Occupied HU | 1,188 (52.3%) |
| Renter Occupied HU | 690 (30.4%) |
| Vacant Housing Units | 393 (17.3%) |
| Median Home Value | $105,788 |
| Average Home Value | $142,980 |
Residential
1,826
Single Family
1,782
Multi-Family
44
Businesses
222
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Price change | $117,000 |
| 2024-06-07 | Listed for sale | $130,000 |
| 2012-12-04 | Sold | $45,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1579.42 | 22.73% | $39,087 | 35.09% |
| 2022-10-16 | $1286.93 | 34.46% | $28,935 | 34.46% |
| 2021-10-16 | $957.10 | 4.57% | $21,519 | N/A |
Listed by: Lisa C. Watt • Compass
Mls Name: GAMLS
Mls Provider:
Mls ID: #10315025
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.
