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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 Cordele at 705 E 31st Ave, Cordele, GA, 31015 generates $2,422/mo in rent and, after a $1,224/mo payment, leaves $900/mo in cash flow. Total monthly income is $2,422/mo, and annual cash flow is $10,801/yr on $82,875 invested. Return on cash invested sits at 32.94% in year one, and rental yield is 11.63% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 172.65% and total cumulative return in cash sums $143,086. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,422/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31015, Cordele, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,227 (100%) |
| Owner Occupied HU | 4,451 (48.2%) |
| Renter Occupied HU | 3,377 (36.6%) |
| Vacant Housing Units | 1,399 (15.2%) |
| Median Home Value | $139,541 |
| Average Home Value | $216,980 |
Residential
8,075
Single Family
7,694
Multi-Family
381
Businesses
604
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $250,000 |
| 2022-05-23 | Sold | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-14 | $1831.15 | 20.53% | $67,630 | 25.02% |
| 2022-03-14 | $1519.21 | 1.07% | $54,097 | 6.67% |
| 2021-03-14 | $1503.16 | 48.12% | $50,715 | 1.31% |
What's Special
Storage
Listed by: Jamie O'Brien-Moorman • MF REAL ESTATE FIRM
Mls Name: CGMLS
Mls ID: #251688
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.
