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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% |
Rental property for sale in Baxley at 15 Blackshear Hwy, Baxley, GA, 31513 priced at $104,900 converts $2,220/mo rent into $1,582/mo cash flow after a $513/mo obligation. Total monthly income equals $2,220/mo, and annual cash flow totals $18,984/yr on $34,774 invested. Return on cash invested prints 74.5% in year one, and rental yield reads 25.4% against a $104,900 entry. Equity gained on principal adds $677/yr, while 5% annual appreciation compiles into $28,982 by year five. Five-year ROI reaches 395.45% and total cumulative return in cash sums $137,514. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,220/mo property income covering a $513/mo payment, not borrower’s personal income.
Multi Family
Built in 1975
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31513, Baxley, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,431 (100%) |
| Owner Occupied HU | 4,696 (63.2%) |
| Renter Occupied HU | 1,636 (22.0%) |
| Vacant Housing Units | 1,099 (14.8%) |
| Median Home Value | $123,864 |
| Average Home Value | $181,319 |
Residential
6,638
Single Family
6,608
Multi-Family
30
Businesses
575
Date | Event | Price |
|---|---|---|
| 2024-07-16 | Price change | $104,900 |
| 2024-07-05 | Price change | $109,000 |
| 2024-05-25 | Price change | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Zach Friese • Friese Real Estate
Mls Name: HABR
Mls ID: #152528
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
