Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 66 Forman Way SE, Ludowici, GA, 31316 offers $2,615/mo rent that, after a $1,282/mo payment, leaves $946/mo cash flow. Total monthly income is $2,615/mo, and annual cash flow is $11,348/yr on $86,853 cash. Return on cash invested measures 32.97% in year one, and rental yield stands at 11.98% at a $262,000 entry. Equity gained on principal adds $1,691/yr while 5% annual appreciation compounds into $72,386 by year five. Five-year ROI records 173.16% and total cumulative return in cash reaches $150,393. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,615/mo property income versus a $1,282/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
0.30 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 |
|---|---|---|
| 2024-12-30 | Price change | $262,000 |
| 2024-12-23 | Price change | $264,000 |
| 2024-12-16 | Price change | $266,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $3076.08 | -0.05% | $81,587 | N/A |
| 2022-01-08 | $3077.71 | N/A | $81,587 | N/A |
Listed by: Constance • Braun Properties LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10378740
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
