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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 Byron at 858 Cochran Dr, Byron, GA, 31008 priced at $670,000 converts $3,829/mo rent into after a $3,279/mo obligation. Total monthly income equals $3,829/mo. Return on cash invested prints 18.71% in year one, and rental yield reads 6.86% against a $670,000 entry. Equity gained on principal adds $4,323/yr, while 5% annual appreciation compiles into $185,109 by year five. Five-year ROI reaches 96.23% and total cumulative return in cash sums $212,129. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,829/mo property income covering a $3,279/mo payment, not borrower’s personal income.
Single Family
Built in 1994
3.93 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31008, Byron, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,574 (100%) |
| Owner Occupied HU | 6,638 (69.3%) |
| Renter Occupied HU | 2,055 (21.5%) |
| Vacant Housing Units | 881 ( 9.2%) |
| Median Home Value | $214,528 |
| Average Home Value | $231,469 |
Residential
8,677
Single Family
8,491
Multi-Family
186
Businesses
602
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Price change | $670,000 |
| 2024-07-25 | Listed for sale | $679,000 |
| 2021-04-15 | Sold | $435,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $5247.65 | 8.55% | $191,000 | 7.96% |
| 2022-10-15 | $4834.24 | 26.94% | $176,920 | 53.26% |
| 2021-10-15 | $3808.27 | 1.57% | $115,440 | 2.16% |
What's Special
Storage
Listed by: Beth Lynn • NORTHGROUP REAL ESTATE
Mls Name: CGMLS
Mls ID: #244676
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.
