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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 Montezuma at 601 Engram St, Montezuma, GA, 31063 priced at $270,000 converts $2,308/mo rent into $553/mo cash flow after a $1,322/mo obligation. Total monthly income equals $2,308/mo, and annual cash flow totals $6,637/yr on $89,505 invested. Return on cash invested prints 27.32% in year one, and rental yield reads 10.26% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 143.05% and total cumulative return in cash sums $128,041. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,308/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31063, Montezuma, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,271 (100%) |
| Owner Occupied HU | 1,188 (52.3%) |
| Renter Occupied HU | 690 (30.4%) |
| Vacant Housing Units | 393 (17.3%) |
| Median Home Value | $105,788 |
| Average Home Value | $142,980 |
Residential
1,826
Single Family
1,782
Multi-Family
44
Businesses
222
Date | Event | Price |
|---|---|---|
| 2025-02-13 | Price change | $270,000 |
| 2025-01-15 | Price change | $279,900 |
| 2024-11-04 | Price change | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $3574.78 | 24.80% | $88,467 | 37.37% |
| 2022-02-16 | $2864.41 | 95.16% | $64,402 | 68.05% |
| 2021-02-16 | $1467.74 | 5.05% | $38,322 | N/A |
What's Special
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Listed by: Priscilla Rahman • MAXIMUM ONE PLATINUM REALTORS
Mls Name: CGMLS
Mls ID: #246514
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.
