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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 Ludowici at 797 Palmer Rd NE, Ludowici, GA, 31316 generates $3,919/mo in rent and, after a $1,562/mo payment, leaves $1,937/mo in cash flow. Total monthly income is $3,919/mo, and annual cash flow is $23,241/yr on $105,765 invested. Return on cash invested sits at 41.88% in year one, and rental yield is 14.74% on a $319,050 entry. Equity gained on principal adds $2,059/yr, while 5% annual appreciation builds toward $88,148 over five years. Five-year ROI reaches 220.7% and total cumulative return in cash sums $233,429. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,919/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.54 Acres lot
$N/A/sqft
$480 annually HOA
Neighborhood data shown for ZIP Code: 31316, Ludowici, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,467 (100%) |
| Owner Occupied HU | 3,367 (61.6%) |
| Renter Occupied HU | 1,551 (28.4%) |
| Vacant Housing Units | 549 (10.0%) |
| Median Home Value | $237,235 |
| Average Home Value | $267,839 |
Residential
5,297
Single Family
5,297
Multi-Family
0
Businesses
150
Date | Event | Price |
|---|---|---|
| 2024-05-18 | Price change | $318,825 |
| 2024-05-07 | Price change | $319,050 |
| 2024-04-19 | Listed for sale | $316,050 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Wendy J. Redditt • Mungo Homes Realty LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #310608
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.
