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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 32959 Highway 121, Folkston, GA, 31537 listed at $414,900 pairs $2,003/mo rent with a $2,031/mo payment. Total monthly income runs $2,003/mo. Return on cash invested measures 15.35% in year one, and rental yield registers 5.79% at a $414,900 basis. Equity gained on principal adds $2,677/yr, and annual property appreciation at 5% supports $114,629 by year five. Five-year ROI tracks 78.27% and total cumulative return in cash totals $107,654. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,003/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
5.09 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 |
|---|---|---|
| 2025-01-30 | Price change | $414,900 |
| 2024-12-19 | Listed for sale | $419,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $2743.09 | 22.72% | $120,920 | 24.45% |
| 2022-02-16 | $2235.26 | 44.54% | $97,160 | 55.51% |
| 2021-02-16 | $1546.49 | -0.05% | $62,480 | N/A |
Listed by: Brian Lloyd • RE/MAX First Coast
Mls Name: GAMLS
Mls Provider:
Mls ID: #10428848
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 2025 GAMLS. All rights reserved.
