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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 Perry at 505 Martin Luther King Jr Dr, Perry, GA, 31069 with 5% annual appreciation on a $185,000 basis while $1,310/mo rent supports operations. Total monthly income totals $1,310/mo and a $905/mo payment preserves $185/mo for cash returns. Annual cash flow comes to $2,214/yr on $61,328 deployed, and return on cash invested reaches 23.52% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 8.5%. Five-year ROI measures 122.08% and total cumulative return in cash totals $74,871.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,310/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31069, Perry, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,284 (100%) |
| Owner Occupied HU | 7,041 (68.5%) |
| Renter Occupied HU | 2,740 (26.6%) |
| Vacant Housing Units | 503 ( 4.9%) |
| Median Home Value | $278,944 |
| Average Home Value | $302,856 |
Residential
9,971
Single Family
9,303
Multi-Family
668
Businesses
928
Date | Event | Price |
|---|---|---|
| 2025-04-29 | Listed for sale | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Erin Blasche • SOUTHERN CLASSIC REALTORS
Mls Name: CGMLS
Mls ID: #252829
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.
