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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 Cordele at 711 W 18th Ave, Cordele, GA, 31015 offers a 6.87% rental yield on a $171,500 purchase with $982/mo rent. 61% in year one. Equity gained on principal adds $1,107/yr while 5% annual appreciation supports $47,382 over five years. Portfolio math shows five-year ROI at 95.79% and total cumulative return in cash at $54,456. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $982/mo property income against a $839/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.33 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 |
|---|---|---|
| 2024-05-21 | Price change | $171,500 |
| 2024-05-06 | Price change | $173,000 |
| 2024-04-21 | Listed for sale | $179,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-13 | $35.84 | -4.43% | $1,000 | N/A |
| 2022-09-13 | $37.50 | -3.99% | $1,000 | N/A |
| 2021-09-13 | $39.06 | -3.24% | $1,000 | N/A |
Listed by: Trisha Laine • Southern Luxury Group
Mls Name: SWGMLS
Mls ID: #151141
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.
