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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 2617 Central Rd, Blackshear, GA, 31516 generates $1,278/mo in rent and, after a $562/mo payment, leaves $579/mo in cash flow. Total monthly income is $1,278/mo, and annual cash flow is $6,949/yr on $38,089 invested. Return on cash invested sits at 38.15% in year one, and rental yield is 13.35% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 200.69% and total cumulative return in cash sums $76,442. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,278/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
1.55 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 |
|---|---|---|
| 2024-08-27 | Listed for sale | $114,900 |
| 2024-08-14 | Listing removed | N/A |
| 2024-07-24 | Price change | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | N/A | N/A | $3,473 | N/A |
| 2022-01-09 | N/A | N/A | $3,473 | N/A |
| 2021-01-09 | N/A | N/A | $3,473 | N/A |
Listed by: Corey Lee Bradley • Saul's Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10357574
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
