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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 Byron at 506 Howard St, Byron, GA, 31008 priced at $239,000 converts $1,709/mo rent into $254/mo cash flow after a $1,170/mo obligation. Total monthly income equals $1,709/mo, and annual cash flow totals $3,050/yr on $79,229 invested. Return on cash invested prints 23.76% in year one, and rental yield reads 8.58% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 123.41% and total cumulative return in cash sums $97,776. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,709/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31008, Byron, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,574 (100%) |
| Owner Occupied HU | 6,638 (69.3%) |
| Renter Occupied HU | 2,055 (21.5%) |
| Vacant Housing Units | 881 ( 9.2%) |
| Median Home Value | $214,528 |
| Average Home Value | $231,469 |
Residential
8,677
Single Family
8,491
Multi-Family
186
Businesses
602
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: Jacque Applegate • Southern Classic Realtors
Mls Name: GAMLS
Mls ID: #10613139
