








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 Blackshear at 117 Carraway St, Blackshear, GA, 31516 at $129,500 posts ROI 30.59% with $382/mo cash flow from $1,181/mo rent. Total monthly income equals $1,181/mo, and annual cash flow records $4,585/yr on $42,929 to close. Return on cash invested measures 30.59% and rental yield reads 10.94% at the current $129,500. Equity gained on principal adds $836/yr, and 5% annual appreciation supports $35,778 by year five. Five-year ROI prints 160.17% and total cumulative return in cash totals $68,762.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,181/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31516, Blackshear, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,868 (100%) |
| Owner Occupied HU | 4,805 (70.0%) |
| Renter Occupied HU | 1,418 (20.6%) |
| Vacant Housing Units | 645 ( 9.4%) |
| Median Home Value | $155,414 |
| Average Home Value | $186,850 |
Residential
6,391
Single Family
6,391
Multi-Family
0
Businesses
459
Date | Event | Price |
|---|---|---|
| 2025-04-21 | Sold | $129,500 |
| 2025-02-18 | Price change | $149,900 |
| 2025-02-05 | Price change | $154,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-07-05 | $1201.14 | 32.31% | $37,455 | 56.70% |
| 2022-07-05 | $907.85 | -3.87% | $23,902 | 4.00% |
| 2021-07-05 | $944.44 | 3.37% | $22,983 | 4.17% |



Listed by: Matthew Ledford • Alderman Realty
Mls Name: Douglas Coffee County BOR
Mls ID: #113766
Disclaimer: Copyright Douglas Coffee County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.