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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 Blackshear at 5605 State Highway 121, Blackshear, GA, 31516 listed at $299,000 pairs $2,005/mo rent with a $1,463/mo payment to leave $186/mo cash flow. Total monthly income runs $2,005/mo, and annual cash flow reaches $2,228/yr on $99,119 cash to close. Return on cash invested measures 22.16% in year one, and rental yield registers 8.05% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 114.77% and total cumulative return in cash totals $113,758. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,005/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
0.83 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 |
|---|---|---|
| 2024-10-18 | Listed for sale | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $1381.12 | 20.73% | $58,949 | 39.25% |
| 2022-02-16 | $1143.95 | 4.79% | $42,334 | 3.57% |
| 2021-02-16 | $1091.62 | 2.17% | $40,874 | 3.70% |
Listed by: Sheri Bashlor • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1649760
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.
