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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 Concord at 518 Strickland Rd, Concord, GA, 30206 priced at $498,000 converts $3,940/mo rent into $910/mo cash flow after a $2,437/mo obligation. Total monthly income equals $3,940/mo, and annual cash flow totals $10,915/yr on $165,087 invested. Return on cash invested prints 26.52% in year one, and rental yield reads 9.49% against a $498,000 entry. Equity gained on principal adds $3,214/yr, while 5% annual appreciation compiles into $137,588 by year five. Five-year ROI reaches 138.16% and total cumulative return in cash sums $228,088. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,940/mo property income covering a $2,437/mo payment, not borrower’s personal income.
Single Family
Built in 1997
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30206, Concord, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,203 (100%) |
| Owner Occupied HU | 963 (80.0%) |
| Renter Occupied HU | 159 (13.2%) |
| Vacant Housing Units | 81 ( 6.7%) |
| Median Home Value | $299,094 |
| Average Home Value | $331,602 |
Residential
1,140
Single Family
1,140
Multi-Family
0
Businesses
56
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: Emily O'Steen • McLeRoy Realty
Mls Name: GAMLS
Mls ID: #10608340
