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$2,637 Closing Credit¹
#144579, John Courson, Listing Office: COLDWELL BANKER PREMIER REAL E
$158,294 List price
* Ponderosa Drive 2 Valdosta, GA 31601
$1,880
Closing credit¹
6 beds
2 baths
2,120 sqft
0.5 acres
$75 / sqft
Multi-Family
Property details
About * Ponderosa Drive 2
Excellent investment opportunity to pickup side-by-side rental homes and start earning income as soon as you close! Buying these two occupied adjacent homes is an efficient way to measuredly grow your investment portfolio while easily keeping an eye and control on multiple tenants in one spot! It's like buying a duplex but these single-family homes can command more rent because of not having to share a neighboring / common wall! Both 907 & 909 Ponderosa Drive are 3 BR / 1 BA homes rented at $900 & $825 respectively. 907 is 1054 sq ft and 909 is 1066 sq ft for a total of 2120 or only $67/sf!!! Total monthly rent of $1725 pegs this at an 8.5% capitalization rate with 35% operating expense factor. Professional property management in place and tenants get their own utilities. This 2 home package is part of a larger portfolio of 25 similar single family homes listed together as MLS # 143376 and can be bought alone or with combinations of other packages broken out of the 25 total homes listed FOR SALE. See MLS #s 144575, 144577, 144579, 144580, 144581, & 144582 for smaller packages.
Highlights
Home typeMulti Family
StatusActive
Size2,120 sqft
Lot size0.507 Acres
MLS #144574
Summary
- MLS Number: 144574
- MLS Name: SouthGeorgiaMLS
- Office Name: COLDWELL BANKER PREMIER REAL E
- Office Phone: (229) 244-3535
- Listing Agent: John Courson
The data relating to real estate for sale on this web site comes in part from the IDX Program of The Valdosta Board of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 The Valdosta Board of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2025, 11:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$158,294
* Ponderosa Drive 2
$1,880
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
W. G. Nunn Elementary School
Public District PK-5
0.3 mi
•1610 Lakeland Ave
7
Scintilla Charter Academy
Public Charter KG-6
1.3 mi
•2171 E Park Ave
3
Pinevale Elementary School
Public District PK-5
2.1 mi
•930 Lake Park Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,603. Most Valdosta, GA residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
57%
<35k
41%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
24%
Single, with Kids
15%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
11%
12-17 yrs old
34%
18-34 yrs old
31%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
UFC
Figure Skating- Pro Boxing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Church's Chicken
Popeyes
What do the neighbors drive?
Buick
Cadillac
Dodge
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at * Ponderosa Drive 2 in Valdosta, GA and zip code 31601. This 2,120 square foot home sits on a 0.51 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 21, 2025 and is currently priced at $158,294.
While more than 12 listings in Valdosta, GA in March 2025 were sold above asking price, there were more than 32 listings sold at asking price, and more than 40 were sold below. Between February and March 2025, Valdosta, GA real estate market has seen increase in the number of listings by 17.6%. While the average time on the market in March 2025 was 50 days, the median list price was $238,286.
From Rocket Homes Real Estate and based on county public records data.