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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 6116 E Main St, Patterson, GA, 31557 priced at $299,900 pairs $0/mo rent with after a $1,468/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.12% in year one, and rental yield stands at 0% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
2 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 |
|---|---|---|
| 2025-04-19 | Listed for sale | $299,900 |
| 2024-11-13 | Sold | $291,708 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-21 | $1933.79 | 13.19% | $115,721 | 69.07% |
| 2022-04-21 | $1708.48 | -4.96% | $68,446 | 4.09% |
| 2021-04-21 | $1797.70 | 0.60% | $65,759 | 4.26% |
No similar rental properties found nearby.
Listed by: Jordan DuPont • Compass360 Realty, Inc.
Mls Name: GIAOR
Mls ID: #1653376
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.
