






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 4778 Joyner Rd, Blackshear, GA, 31516 priced at $179,900 converts $1,140/mo rent into $45/mo cash flow after a $881/mo obligation. Total monthly income equals $1,140/mo, and annual cash flow totals $535/yr on $59,637 invested. Return on cash invested prints 20.81% in year one, and rental yield reads 7.6% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 107.55% and total cumulative return in cash sums $64,137. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,140/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1940
2.41 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 |
|---|---|---|
| 2025-04-02 | Listed for sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-03 | $293.56 | -6.54% | $37,814 | 43.85% |
| 2022-04-03 | $314.10 | 2.29% | $26,287 | 3.10% |
| 2021-04-03 | $307.06 | -1.93% | $25,497 | 3.20% |



Listed by: Jamie Smith • GA Dreamworks Realty LLC
Mls Name: Altamaha Basin BOR
Mls ID: #23236
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.