2604 Granite WayBlackshearGA31516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Blackshear at 2604 Granite Way, Blackshear, GA, 31516 earns $687/mo cash flow from $3,115/mo rent with a $1,953/mo payment. Total monthly income totals $3,115/mo, and annual cash flow totals $8,238/yr on $132,269 capital. ROI tracks 26.14% on current figures, and rental yield reads 9.37% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 136.12% and total cumulative return in cash sums $180,050. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,115/mo property income instead of your personal income.
Single Family
Built in 2004
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31516, Blackshear, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,391
Single Family
6,391
Multi-Family
0
Businesses
459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacey Swain • Re/Max Cobblestone
Mls Name: GIAOR
Mls ID: #1656561