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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 Cordele at 466 Scenic Rte, Cordele, GA, 31015 priced at $499,000 converts $2,141/mo rent into after a $2,442/mo obligation. Total monthly income equals $2,141/mo. Return on cash invested prints 13.41% in year one, and rental yield reads 5.15% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 67.87% and total cumulative return in cash sums $112,278. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,141/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Single Family
Built in 1995
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31015, Cordele, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,227 (100%) |
| Owner Occupied HU | 4,451 (48.2%) |
| Renter Occupied HU | 3,377 (36.6%) |
| Vacant Housing Units | 1,399 (15.2%) |
| Median Home Value | $139,541 |
| Average Home Value | $216,980 |
Residential
8,075
Single Family
7,694
Multi-Family
381
Businesses
604
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brenda D. Booth • SOUTHERN REALTY COMPANY
Mls Name: Crisp Area BOR
Mls ID: #59634
