514 E 12th Ave, Cordele, GA, 31015 | $476/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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514 E 12th Ave, Cordele, GA, 31015 | $476/mo Cash Flow | Ziffy

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Cordele at 514 E 12th Ave, Cordele, GA, 31015 listed at $159,900 pairs $1,450/mo rent with a $783/mo payment to leave $476/mo cash flow. Total monthly income runs $1,450/mo, and annual cash flow reaches $5,717/yr on $53,007 cash to close. Return on cash invested measures 30.7% in year one, and rental yield registers 10.88% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 160.61% and total cumulative return in cash totals $85,134. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,450/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1940

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

CALLING ALL INVESTORS! This Foursquare style quadplex with Victorian influences offers a unique opportunity for its new owner to live in one unit and produce income from the others. The property is conveniently located in the Historic O'Neal Neighborhood, close to downtown, shopping, and restaurants. Unit A 2/1 has a large open living room that is separated from the rest of the home by a long hallway. Units B 1/1 & C 2/1 both have large bedrooms with backdoors that lead to an enclosed shared patio area and with some renovation could potentially be combined to create one large unit upstairs. Unit D 1/1 is cozy yet roomy with built in storage in the bathroom entryway. A NEW METAL ROOF was installed in 2025! With the right updates and creativity, this could be a visionary investor's dream property. Seller financing available!

Neighborhood Data

Neighborhood data shown for ZIP Code: 31015, Cordele, GA area.

Housing Distribution

Housing Statistics

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