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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 Cordele at 901 E 27th Ave, Cordele, GA, 31015 listed at $199,999 pairs $2,137/mo rent with a $979/mo payment to leave $912/mo cash flow. Total monthly income runs $2,137/mo, and annual cash flow reaches $10,938/yr on $66,300 cash to close. Return on cash invested measures 36.41% in year one, and rental yield registers 12.82% at a $199,999 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 191.25% and total cumulative return in cash totals $126,800. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,137/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31015, Cordele, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,227 (100%) |
| Owner Occupied HU | 4,451 (48.2%) |
| Renter Occupied HU | 3,377 (36.6%) |
| Vacant Housing Units | 1,399 (15.2%) |
| Median Home Value | $139,541 |
| Average Home Value | $216,980 |
Residential
8,075
Single Family
7,694
Multi-Family
381
Businesses
604
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Price change | $199,999 |
| 2024-08-21 | Listed for sale | $225,000 |
| 2023-05-25 | Sold | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1758.22 | 0.95% | $49,063 | 5.61% |
| 2022-10-15 | $1741.74 | 1.69% | $46,455 | 5.95% |
| 2021-10-15 | $1712.76 | -3.21% | $43,846 | N/A |
What's Special
Storage Only,Partially Floored,Pull Down Stairs
Listed by: Janet Denise Silcox • SOUTHERN REALTY COMPANY
Mls Name: Crisp Area BOR
Mls ID: #59104
Disclaimer: Copyright Crisp Area Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
