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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 Palmetto at 660 Magnolia Cir, Palmetto, GA, 30268 offers $2,454/mo rent that, after a $1,410/mo payment, leaves $701/mo cash flow. Total monthly income is $2,454/mo, and annual cash flow is $8,410/yr on $95,469 cash. Return on cash invested measures 28.72% in year one, and rental yield stands at 10.23% at a $287,990 entry. Equity gained on principal adds $1,858/yr while 5% annual appreciation compounds into $79,566 by year five. Five-year ROI records 149.95% and total cumulative return in cash reaches $143,157. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,454/mo property income versus a $1,410/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30268, Palmetto, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,877 (100%) |
| Owner Occupied HU | 3,219 (66.0%) |
| Renter Occupied HU | 1,144 (23.5%) |
| Vacant Housing Units | 514 (10.5%) |
| Median Home Value | $306,511 |
| Average Home Value | $434,021 |
Residential
4,608
Single Family
3,796
Multi-Family
812
Businesses
401
Date | Event | Price |
|---|---|---|
| 2024-09-08 | Listed for sale | $287,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Starlight
Mls Name: Starlight Homes
Mls Provider:
Mls ID: #N/A
