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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 511 Thomas St, Montezuma, GA, 31063 offers a 9.78% rental yield on a $140,000 purchase with $1,141/mo rent. Total monthly income registers $1,141/mo, and a $685/mo payment leaves $283/mo available for distribution. Annual cash flow reaches $3,401/yr on $46,410 to close, and return on cash invested stands at 27.24% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 142.1% and total cumulative return in cash at $65,950. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,141/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.33 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 |
|---|---|---|
| 2024-09-05 | Listed for sale | $140,000 |
| 2024-04-05 | Listing removed | $140,000 |
| 2024-02-14 | Price change | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $1231.03 | 21.01% | $30,465 | 33.19% |
| 2022-02-16 | $1017.32 | 61.08% | $22,873 | 31.95% |
| 2021-02-16 | $631.58 | 25.17% | $17,335 | N/A |
Listed by: Jalaia Surles • HRP REALTY LLC
Mls Name: CGMLS
Mls ID: #247275
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.
