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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 Screven at 611 Mikell Lake Rd, Screven, GA, 31560 with 5% annual appreciation on a $220,000 basis while $1,492/mo rent supports operations. Total monthly income totals $1,492/mo and a $1,077/mo payment preserves $153/mo for cash returns. Annual cash flow comes to $1,834/yr on $72,930 deployed, and return on cash invested reaches 22.42% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 8.14%. Five-year ROI measures 116.18% and total cumulative return in cash totals $84,731.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,492/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
7.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31560, Screven, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,321 (100%) |
| Owner Occupied HU | 910 (68.9%) |
| Renter Occupied HU | 254 (19.2%) |
| Vacant Housing Units | 157 (11.9%) |
| Median Home Value | $217,722 |
| Average Home Value | $254,893 |
Residential
1,125
Single Family
1,125
Multi-Family
0
Businesses
43
Date | Event | Price |
|---|---|---|
| 2025-06-08 | Pending sale | $220,000 |
| 2025-04-27 | Listed for sale | $220,000 |
| 2025-04-21 | Pending sale | $220,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-06 | $1538.38 | 1.14% | $58,072 | 12.10% |
| 2023-07-06 | $1521.01 | 12.29% | $51,802 | 20.40% |
| 2022-07-06 | $1354.55 | 11.71% | $43,025 | 19.64% |
Listed by: Ricky Stringer • Banks Real Estate
Mls Name: HABR
Mls ID: #160086
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.
