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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% |
Investment property for sale in Folkston at 216 Pennsylvania Ave, Folkston, GA, 31537 offers a 9.21% rental yield on a $165,500 purchase with $1,270/mo rent. Total monthly income registers $1,270/mo, and a $810/mo payment leaves $263/mo available for distribution. Annual cash flow reaches $3,153/yr on $54,863 to close, and return on cash invested stands at 25.66% in year one. Equity gained on principal adds $1,068/yr while 5% annual appreciation supports $45,725 over five years. Portfolio math shows five-year ROI at 133.51% and total cumulative return in cash at $73,248. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,270/mo property income against a $810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31537, Folkston, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,830 (100%) |
| Owner Occupied HU | 2,495 (65.1%) |
| Renter Occupied HU | 848 (22.1%) |
| Vacant Housing Units | 487 (12.7%) |
| Median Home Value | $170,560 |
| Average Home Value | $222,814 |
Residential
3,308
Single Family
3,268
Multi-Family
40
Businesses
320
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Shuwan Goodman • SG Realty Team
Mls Name: GAMLS
Mls ID: #10627988
