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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 Blackshear at 2410 Cobblestone Dr, Blackshear, GA, 31516 priced at $398,500 converts $3,407/mo rent into $982/mo cash flow after a $1,950/mo obligation. Total monthly income equals $3,407/mo, and annual cash flow totals $11,785/yr on $132,103 invested. Return on cash invested prints 28.83% in year one, and rental yield reads 10.26% against a $398,500 entry. Equity gained on principal adds $2,571/yr, while 5% annual appreciation compiles into $110,098 by year five. Five-year ROI reaches 150.57% and total cumulative return in cash sums $198,913. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,407/mo property income covering a $1,950/mo payment, not borrower’s personal income.
Single Family
Built in 2019
1 Acres 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 |
|---|---|---|
| 2025-02-08 | Listed for sale | $398,500 |
| 2020-05-29 | Sold | $247,500 |
| 2020-03-10 | Price change | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $3194.19 | 14.96% | $136,335 | 32.59% |
| 2022-02-16 | $2778.45 | 5.14% | $102,822 | 3.92% |
| 2021-02-16 | $2642.60 | 37.27% | $98,948 | 39.33% |
Listed by: Jordan DuPont • Compass360 Realty, Inc.
Mls Name: GIAOR
Mls ID: #1651543
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.
