562 W Anderson St, Oglethorpe, GA, 31068 | $702/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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562 W Anderson St, Oglethorpe, GA, 31068 | $702/mo Cash Flow | Ziffy

Pending

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

Rental property for sale in Oglethorpe at 562 W Anderson St, Oglethorpe, GA, 31068 offers $2,680/mo rent that, after a $1,591/mo payment, leaves $702/mo cash flow. Total monthly income is $2,680/mo, and annual cash flow is $8,421/yr on $107,738 cash. Return on cash invested measures 27.72% in year one, and rental yield stands at 9.9% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 144.62% and total cumulative return in cash reaches $155,809. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,680/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1978

1.94 Acres lot

$N/A/sqft

No HOA

More details about the property

Serenity meets convenience. Your dream home awaits! Escape to tranquility in this charming 2904 SF brick home nestled on nearly 2 acres. Surrounded by nature- deer, owls, and wild turkeys, you'll enjoy peaceful living just minutes from the heart of downtown Oglethorpe. This property features 3 bedrooms, 2 full bathrooms, 2 half baths, expansive den, formal living room and dining room, master suite with dual walk-in closets, luxurious soaking tub for relaxing, kitchen cabinets are knotty pine, gas stove, granite counter tops. new dishwasher, large laundry room with a convenient half bath, cozy gas fireplace with remote, beautiful luxury vinyl plank flooring throughout and a two-car garage. Roof, HVAC, and one hotwater heater is less than a year. Relax on the screened porch or fire up the grill on the dedicated grilling porch. Venture out and cool off in the above- ground pool that has a new liner and a freshly replaced deck. Seller is leaving a 12X24 wired shed, another shelter for storage and a standing tall metal carport for storing your camper or boat. If you love to fish the Flint River is only a couple of miles away and you're just 30 minutes to I-75. Property also has a nice fenced in area for your garden and an outdoor firepit for the cool nights. Whether you're entertaining guest or enjoying quite evenings under the stars, this home has it all! Message for details or to schedule a showing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 31068, Oglethorpe, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,409 (100%)
Owner Occupied HU	782 (55.5%)
Renter Occupied HU	394 (28.0%)
Vacant Housing Units	233 (16.5%)
Median Home Value	$81,081
Average Home Value	$165,093