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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 Montezuma at 700 Engram St, Montezuma, GA, 31063 listed at $242,500 pairs $2,288/mo rent with a $1,187/mo payment to leave $793/mo cash flow. Total monthly income runs $2,288/mo, and annual cash flow reaches $9,519/yr on $80,389 cash to close. Return on cash invested measures 31.75% in year one, and rental yield registers 11.32% at a $242,500 basis. Equity gained on principal adds $1,565/yr, and annual property appreciation at 5% supports $66,998 by year five. Five-year ROI tracks 166.36% and total cumulative return in cash totals $133,735. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,288/mo property income relative to a $1,187/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31063, Montezuma, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,271 (100%) |
| Owner Occupied HU | 1,188 (52.3%) |
| Renter Occupied HU | 690 (30.4%) |
| Vacant Housing Units | 393 (17.3%) |
| Median Home Value | $105,788 |
| Average Home Value | $142,980 |
Residential
1,826
Single Family
1,782
Multi-Family
44
Businesses
222
Date | Event | Price |
|---|---|---|
| 2024-09-30 | Price change | $242,500 |
| 2024-08-31 | Listed for sale | $245,000 |
| 2023-12-06 | Sold | $75,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $2239.00 | 21.33% | $55,410 | 33.55% |
| 2022-10-16 | $1845.35 | 34.93% | $41,490 | 34.93% |
| 2021-10-16 | $1367.67 | 4.57% | $30,750 | N/A |
What's Special
Storage
Listed by: Sylvia Barker • SOUTHERN CLASSIC REALTORS
Mls Name: CGMLS
Mls ID: #245458
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.
