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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 Townsend at 7272 Shellman Bluff Rd NE #17, Townsend, GA, 31331 offers a 6.47% rental yield on a $245,000 purchase with $1,320/mo rent. 32% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 68.91% and total cumulative return in cash at $55,968. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
$3,300 annually HOA
Neighborhood data shown for ZIP Code: 31331, Townsend, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,077 (100%) |
| Owner Occupied HU | 2,238 (54.9%) |
| Renter Occupied HU | 441 (10.8%) |
| Vacant Housing Units | 1,398 (34.3%) |
| Median Home Value | $226,210 |
| Average Home Value | $289,660 |
Residential
3,091
Single Family
3,066
Multi-Family
25
Businesses
165
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $245,000 |
| 2020-10-01 | Sold | $155,000 |
| 2013-07-02 | Sold | $89,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-29 | $548.43 | -60.22% | $80,760 | 18.49% |
| 2022-06-29 | $1378.58 | N/A | $68,160 | 27.54% |
| 2021-06-29 | $1378.58 | 0.69% | $53,440 | 3.73% |
Listed by: Melanie Yeckley • Salt Coast Properties
Mls Name: GIAOR
Mls ID: #1654942
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.
