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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 McDonough at 633 Iris Lake Rd, McDonough, GA, 30252 priced at $265,000 pairs $2,228/mo rent with $585/mo cash flow after a $1,297/mo payment. Total monthly income equals $2,228/mo, and annual cash flow comes to $7,019/yr on $87,848 invested. Return on cash invested is 27.9% in year one, and rental yield stands at 10.09% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 145.7% and total cumulative return in cash reaches $127,995. For financing, Ziffy Mortgage’s DSCR program evaluates $2,228/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30252, Mcdonough, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,909 (100%) |
| Owner Occupied HU | 15,061 (84.1%) |
| Renter Occupied HU | 2,359 (13.2%) |
| Vacant Housing Units | 489 ( 2.7%) |
| Median Home Value | $379,896 |
| Average Home Value | $408,859 |
Residential
17,793
Single Family
17,530
Multi-Family
263
Businesses
305
Date | Event | Price |
|---|---|---|
| 2025-02-26 | Listed for sale | $265,000 |
| 2020-07-07 | Sold | $155,000 |
| 2020-06-14 | Pending sale | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-27 | $2563.28 | -1.50% | $103,800 | 23.45% |
| 2022-02-27 | $2602.32 | 25.07% | $84,080 | 35.61% |
| 2021-02-27 | $2080.63 | 41.71% | $62,000 | 7.86% |
What's Special
Storage
Listed by: Angela Sarrell • FICKLING & COMPANY - MACON
Mls Name: CGMLS
Mls ID: #251228
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.
