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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 Ludowici at 65 Norton St NE, Ludowici, GA, 31316 priced at $249,000 converts $2,248/mo rent into $695/mo cash flow after a $1,219/mo obligation. Total monthly income equals $2,248/mo, and annual cash flow totals $8,334/yr on $82,544 invested. Return on cash invested prints 30.01% in year one, and rental yield reads 10.83% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 157.08% and total cumulative return in cash sums $129,656. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,248/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Single Family
Built in 2012
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31316, Ludowici, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,467 (100%) |
| Owner Occupied HU | 3,367 (61.6%) |
| Renter Occupied HU | 1,551 (28.4%) |
| Vacant Housing Units | 549 (10.0%) |
| Median Home Value | $237,235 |
| Average Home Value | $267,839 |
Residential
5,297
Single Family
5,297
Multi-Family
0
Businesses
150
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Sold | $249,000 |
| 2025-05-31 | Contingent | $249,000 |
| 2025-05-21 | Listed for sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-05 | $2519.56 | 18.42% | $61,090 | N/A |
| 2023-11-05 | $2127.64 | 4.66% | $61,090 | N/A |
| 2022-11-05 | $2032.87 | 8.42% | $61,090 | 12.21% |
Listed by: The Boggs-jones Team • Boggs Realty
Mls Name: HABR
Mls ID: #160626
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.
