Off-Market Rental in Grovetown, GA – $250K | Tenant in Place | Turnkey Cash Flow

[Daniel Whalen]

Address: 4907 Luton Drive, Grovetown, GA 30813

• Asking Price: $250,000

• Type: Single-family rental

• Beds/Baths: 3 bed / 2 bath

• Tenant: In place (paying $1,550/month), long-term stable

• Lease: 12 mo  

• Management: Professionally managed by Keyway (formerly Meybohm) — can stay in place

• Condition: Low-maintenance, systems in good shape, no known deferred repairs

• Est. Expenses: ~$1,800 taxes, ~$900 insurance, 8–10% management, 5% maintenance reserve

Performance Snapshot:

• Gross Rent: $18,600/year

• Net Operating Income (est.): ~$13,400

• Cap Rate: ~5.3% at $250K

• Solid turnkey yield for anyone looking to hold cash flow in a stable rental market near Fort Gordon, I-20 corridor, and metro Augusta growth zones

Why Sell?

1031 exchange — shifting equity into a larger property, but this has been a rock-solid hold for years.

DM me for a full deal sheet, lease info, or to coordinate with my PM.

Cash or conventional preferred. Inspection welcomed, but looking for a smooth investor-style close.