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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% |
Investment property for sale in Ludowici at 684 Palmer Rd NE, Ludowici, GA, 31316 offers a 15.96% rental yield on a $299,900 purchase with $3,989/mo rent. Total monthly income registers $3,989/mo, and a $1,468/mo payment leaves $2,124/mo available for distribution. Annual cash flow reaches $25,483/yr on $99,417 to close, and return on cash invested stands at 45.54% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 240.35% and total cumulative return in cash at $238,948. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,989/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.50 Acres lot
$N/A/sqft
$480 annually 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 |
|---|---|---|
| 2024-06-28 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Wendy J. Redditt • Mungo Homes Realty LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #314215
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.
