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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 Patterson at 5871 E Main St, Patterson, GA, 31557 offers $1,467/mo rent that, after a $1,072/mo payment, leaves $134/mo cash flow. Total monthly income is $1,467/mo, and annual cash flow is $1,608/yr on $72,599 cash. Return on cash invested measures 22.12% in year one, and rental yield stands at 8.04% at a $219,000 entry. Equity gained on principal adds $1,413/yr while 5% annual appreciation compounds into $60,506 by year five. Five-year ROI records 114.63% and total cumulative return in cash reaches $83,217. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,467/mo property income versus a $1,072/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31557, Patterson, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,460 (100%) |
| Owner Occupied HU | 1,035 (70.9%) |
| Renter Occupied HU | 240 (16.4%) |
| Vacant Housing Units | 185 (12.7%) |
| Median Home Value | $171,274 |
| Average Home Value | $188,971 |
Residential
1,281
Single Family
1,281
Multi-Family
0
Businesses
66
Date | Event | Price |
|---|---|---|
| 2024-12-19 | Price change | $219,000 |
| 2024-06-07 | Listed for sale | $249,000 |
| 2024-06-05 | Pending sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $1338.31 | 21.28% | $66,786 | 33.26% |
| 2022-02-16 | $1103.46 | -5.07% | $50,116 | 3.91% |
| 2021-02-16 | $1162.41 | 0.64% | $48,230 | 4.07% |
Listed by: Misti Martin • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1650843
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.
