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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 Montezuma at 429 N Dooly St, Montezuma, GA, 31063 listed at $230,000 pairs $1,913/mo rent with a $1,126/mo payment to leave $508/mo cash flow. Total monthly income runs $1,913/mo, and annual cash flow reaches $6,093/yr on $76,245 cash to close. Return on cash invested measures 27.9% in year one, and rental yield registers 9.98% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 145.59% and total cumulative return in cash totals $111,007. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,913/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1901
1.73 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 |
|---|---|---|
| 2024-10-31 | Listed for sale | $230,000 |
| 2020-09-02 | Sold | $57,500 |
| 2020-07-27 | Pending sale | $57,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $1971.35 | 21.85% | $48,787 | 34.13% |
| 2022-02-16 | $1617.80 | 58.15% | $36,374 | 45.79% |
| 2021-02-16 | $1022.97 | -3.59% | $24,949 | N/A |
Listed by: Lavern Hershberger • KELLER WILLIAMS REALTY MIDDLE GEORGIA
Mls Name: CGMLS
Mls ID: #246618
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.
