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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 Folkston at 328 Willow Creek Rd, Folkston, GA, 31537 generates $2,294/mo in rent and, after a $1,591/mo payment, leaves $316/mo in cash flow. Total monthly income is $2,294/mo, and annual cash flow is $3,789/yr on $107,738 invested. Return on cash invested sits at 23.43% in year one, and rental yield is 8.47% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 121.55% and total cumulative return in cash sums $130,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,294/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
3 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 |
|---|---|---|
| 2025-05-07 | Listed for sale | $325,000 |
| 2025-03-14 | Listing removed | $325,000 |
| 2025-01-31 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-08 | $2088.10 | 14.71% | $76,360 | 22.14% |
| 2022-05-08 | $1820.32 | 0.06% | $62,520 | 24.69% |
| 2021-05-08 | $1819.27 | -0.05% | $50,140 | N/A |
Listed by: Melissa Johnson • St Marys Realty Inc Island Si
Mls Name: GIAOR
Mls ID: #1653846
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.
