514 Story Rd

Warner Robins, GA 31093
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3 bd, 2 ba | 2,170 sqft | Built in 1975

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List Price
$199,900

Initial Investment

$54,473

Purchase Price

$199,900

Down Payment

25%

Rent

$1,440

Total Return

$33,940

Annualized Return

10.5%

Cap Rate

6.2%

Gross Yield

8.6%

Cash Flow

$776

Appreciation

2.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

71,003

HOA

None

Flood Risk

Not Required

This charming 1.63-acre property offers a fantastic opportunity for first-time homebuyers or investors. Located just outside city limits, you'll enjoy the peace and quiet of country living with easy access to city conveniences. The home features a kitchen with a breakfast nook and an eat-in area that could be transformed into a cozy keeping room. Three bedrooms, including a private owner's suite, provide ample space. A large utility room with included washer and dryer adds convenience. The downstairs leads to a walk-out basement, offering potential for expansion or storage. Lush shade trees and privacy surround the property, creating a serene outdoor retreat. Don't miss this chance to own a piece of tranquility. Call today to schedule a private showing.

See more in Analysis
Kuttan Lal
Coldwell Banker Access Realty
GA Agent License #389849

Annual Financial Highlights

Expected Rent

$16,416

Expenses

-$2,922

Property Taxes

-$1,850

Loan Payments

-$10,868

Net Cash Flow

$776

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Last Updated: 11/19/2024 22:11
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