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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 Sandersville at 766 McElrath St, Sandersville, GA, 31082 offers a 8.83% rental yield on a $190,000 purchase with $1,398/mo rent. Total monthly income registers $1,398/mo, and a $930/mo payment leaves $242/mo available for distribution. Annual cash flow reaches $2,899/yr on $62,985 to close, and return on cash invested stands at 24.51% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 127.42% and total cumulative return in cash at $80,256. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,398/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31082, Sandersville, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,705 (100%) |
| Owner Occupied HU | 2,751 (58.5%) |
| Renter Occupied HU | 1,380 (29.3%) |
| Vacant Housing Units | 574 (12.2%) |
| Median Home Value | $167,728 |
| Average Home Value | $210,803 |
Residential
4,328
Single Family
4,170
Multi-Family
158
Businesses
569
Date | Event | Price |
|---|---|---|
| 2025-07-04 | Listed for sale | $190,000 |
| 2024-09-03 | Sold | $40,528 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-06 | $848.01 | -0.38% | $25,358 | N/A |
| 2022-07-06 | $851.28 | -2.16% | $25,358 | N/A |
| 2021-07-06 | $870.03 | -0.24% | $25,358 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
