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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 Palmetto at 8838 Seneca Rd, Palmetto, GA, 30268 generates $2,660/mo in rent and, after a $1,346/mo payment, leaves $884/mo in cash flow. Total monthly income is $2,660/mo, and annual cash flow is $10,612/yr on $91,163 invested. Return on cash invested sits at 31.55% in year one, and rental yield is 11.61% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 165.63% and total cumulative return in cash sums $150,995. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,660/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
3,881 sqft lot
$N/A/sqft
$275 annually HOA
Neighborhood data shown for ZIP Code: 30268, Palmetto, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,877 (100%) |
| Owner Occupied HU | 3,219 (66.0%) |
| Renter Occupied HU | 1,144 (23.5%) |
| Vacant Housing Units | 514 (10.5%) |
| Median Home Value | $306,511 |
| Average Home Value | $434,021 |
Residential
4,608
Single Family
3,796
Multi-Family
812
Businesses
401
Date | Event | Price |
|---|---|---|
| 2025-07-03 | Listed for sale | $275,000 |
| 2020-09-22 | Sold | $205,000 |
| 2020-08-10 | Pending sale | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-03 | $3232.61 | 4.39% | $123,760 | 4.67% |
| 2023-07-03 | $3096.70 | N/A | $118,240 | 30.39% |
| 2022-07-03 | N/A | N/A | $90,680 | 16.80% |
Listed by: Kenya Turner • Badon Commercial Real Estate
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7607290
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