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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 Palmetto at 523 Menefee St, Palmetto, GA, 30268 listed at $235,000 pairs $2,828/mo rent with a $1,150/mo payment to leave $1,398/mo cash flow. Total monthly income runs $2,828/mo, and annual cash flow reaches $16,776/yr on $77,903 cash to close. Return on cash invested measures 41.44% in year one, and rental yield registers 14.44% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 218.16% and total cumulative return in cash totals $169,948. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,828/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30268, Palmetto, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,877 (100%) |
| Owner Occupied HU | 3,219 (66.0%) |
| Renter Occupied HU | 1,144 (23.5%) |
| Vacant Housing Units | 514 (10.5%) |
| Median Home Value | $306,511 |
| Average Home Value | $434,021 |
Residential
4,608
Single Family
3,796
Multi-Family
812
Businesses
401
Date | Event | Price |
|---|---|---|
| 2024-09-15 | Pending sale | $235,000 |
| 2024-09-07 | Listed for sale | $235,000 |
| 2018-08-31 | Sold | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-16 | N/A | N/A | $80,480 | 101.60% |
| 2022-09-16 | $729.37 | 31.87% | $39,920 | 24.75% |
| 2021-09-16 | $553.08 | -38.77% | $32,000 | N/A |
Listed by: Heather Howell • EXP Realty, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7452171
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