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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 Thomaston at 718 W Main St, Thomaston, GA, 30286 priced at $179,900 pairs $1,781/mo rent with $686/mo cash flow after a $881/mo payment. Total monthly income equals $1,781/mo, and annual cash flow comes to $8,227/yr on $59,637 invested. Return on cash invested is 33.7% in year one, and rental yield stands at 11.88% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 176.73% and total cumulative return in cash reaches $105,393. For financing, Ziffy Mortgage’s DSCR program evaluates $1,781/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30286, Thomaston, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,873 (100%) |
| Owner Occupied HU | 6,037 (55.5%) |
| Renter Occupied HU | 3,840 (35.3%) |
| Vacant Housing Units | 996 ( 9.2%) |
| Median Home Value | $172,390 |
| Average Home Value | $218,651 |
Residential
10,465
Single Family
10,287
Multi-Family
178
Businesses
827
Date | Event | Price |
|---|---|---|
| 2025-09-04 | Listed for sale | $179,900 |
| 2025-06-11 | Listing removed | $199,900 |
| 2025-05-17 | Listed for sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-05 | $1475.46 | 19.44% | $53,260 | 3.48% |
| 2023-09-05 | $1235.34 | 28.18% | $51,468 | 75.84% |
| 2022-09-05 | $963.74 | 35.30% | $29,270 | 17.15% |
Listed by: Scott W. Fader • Joseph Walter Realty, LLC
Mls Name: GAMLS
Mls Provider:
Mls ID: #10597724
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.
