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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 475 Mattox Rd, Folkston, GA, 31537 priced at $449,500 converts $2,929/mo rent into $193/mo cash flow after a $2,200/mo obligation. Total monthly income equals $2,929/mo, and annual cash flow totals $2,320/yr on $149,009 invested. Return on cash invested prints 21.47% in year one, and rental yield reads 7.82% against a $449,500 entry. Equity gained on principal adds $2,901/yr, while 5% annual appreciation compiles into $124,189 by year five. Five-year ROI reaches 111.07% and total cumulative return in cash sums $165,509. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,929/mo property income covering a $2,200/mo payment, not borrower’s personal income.
Single Family
Built in 2007
3.11 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 |
|---|---|---|
| 2025-11-27 | Listed for sale | $449,500 |
| 2008-06-30 | Sold | $204,428 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-29 | $1478.92 | -1.29% | $55,444 | 2.21% |
| 2023-11-29 | $1498.30 | -3.09% | $54,244 | 2.65% |
| 2022-11-29 | $1546.07 | -22.01% | $52,844 | -3.43% |
No similar rental properties found nearby.
Listed by: Ginny O'Quinn • eXp Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10650228
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.
