721 E 31st AveCordeleGA31015
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Cordele at 721 E 31st Ave, Cordele, GA, 31015 listed at $185,797 pairs $2,179/mo rent with a $909/mo payment to leave $1,013/mo cash flow. Total monthly income runs $2,179/mo, and annual cash flow reaches $12,156/yr on $61,592 cash to close. Return on cash invested measures 39.65% in year one, and rental yield registers 14.07% at a $185,797 basis. Equity gained on principal adds $1,199/yr, and annual property appreciation at 5% supports $51,332 by year five. Five-year ROI tracks 208.76% and total cumulative return in cash totals $128,581. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,179/mo property income relative to a $909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31015, Cordele, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,075
Single Family
7,694
Multi-Family
381
Businesses
604
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