349 Woolard RdFolkstonGA31537
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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 Folkston at 349 Woolard Rd, Folkston, GA, 31537 uses $96,135 cash to close to unlock $6,401/yr annual cash flow and $533/mo monthly cash flow. Total monthly income runs $2,298/mo, and a $1,419/mo payment keeps the spread at $533/mo. Purchase price stands at $289,999, and rental yield measures 9.51% with $2,298/mo rent. Return on cash invested shows 26.57% in year one, and 5% annual appreciation builds toward $80,121 over five years. Five-year ROI reaches 138.43% and total cumulative return in cash records $133,084. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,298/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1980
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31537, Folkston, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,308
Single Family
3,268
Multi-Family
40
Businesses
320
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