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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 Monroe at 413 W Highland Ave, Monroe, GA, 30655 uses $80,521 cash to close to unlock $3,702/yr annual cash flow and $309/mo monthly cash flow. Total monthly income runs $1,804/mo, and a $1,189/mo payment keeps the spread at $309/mo. Purchase price stands at $242,900, and rental yield measures 8.91% with $1,804/mo rent. Return on cash invested shows 24.51% in year one, and 5% annual appreciation builds toward $67,109 over five years. Five-year ROI reaches 127.47% and total cumulative return in cash records $102,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,804/mo property income covering a $1,189/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30655, Monroe, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,019 (100%) |
| Owner Occupied HU | 7,579 (63.1%) |
| Renter Occupied HU | 3,844 (32.0%) |
| Vacant Housing Units | 596 ( 5.0%) |
| Median Home Value | $361,128 |
| Average Home Value | $383,636 |
Residential
11,277
Single Family
11,126
Multi-Family
151
Businesses
1,077
Date | Event | Price |
|---|---|---|
| 2024-10-21 | Price change | $242,900 |
| 2024-10-04 | Price change | $244,900 |
| 2024-09-20 | Price change | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-13 | $2219.46 | 10.88% | $63,480 | 18.43% |
| 2022-11-13 | $2001.64 | 25.10% | $53,600 | 29.47% |
| 2021-11-13 | $1600.07 | 8.37% | $41,400 | 11.05% |
Listed by: Tiffany Jones • Jones Elite Realty Group, LLC
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7443914
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