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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 Rex at 5879 Creekside Dr, Rex, GA, 30273 uses $74,886 cash to close to unlock $7,786/yr annual cash flow and $649/mo monthly cash flow. Total monthly income runs $2,118/mo, and a $1,106/mo payment keeps the spread at $649/mo. Purchase price stands at $225,900, and rental yield measures 11.25% with $2,118/mo rent. Return on cash invested shows 30.31% in year one, and 5% annual appreciation builds toward $62,412 over five years. Five-year ROI reaches 159% and total cumulative return in cash records $119,067. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,118/mo property income covering a $1,106/mo payment rather than investor’s personal income.
Single Family
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30273, Rex, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,586 (100%) |
| Owner Occupied HU | 4,649 (70.6%) |
| Renter Occupied HU | 1,684 (25.6%) |
| Vacant Housing Units | 253 ( 3.8%) |
| Median Home Value | $241,980 |
| Average Home Value | $250,425 |
Residential
6,464
Single Family
6,464
Multi-Family
0
Businesses
310
Date | Event | Price |
|---|---|---|
| 2024-11-06 | Listed for sale | $225,900 |
| 2024-10-08 | Listing removed | $225,900 |
| 2024-10-05 | Listed for sale | $225,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-15 | $3003.02 | 11.14% | $82,120 | 20.98% |
| 2022-11-15 | $2702.02 | 18.44% | $67,880 | 19.51% |
| 2021-11-15 | $2281.37 | 15.44% | $56,800 | 17.21% |
Listed by: Larisa N. Glaze • Bouvette Properties
Mls Name: GAMLS
Mls Provider:
Mls ID: #10408694
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
