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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 Shellman at 6 E Railroad St, Shellman, GA, 39886 listed at $199,500 pairs $1,526/mo rent with a $976/mo payment to leave $138/mo cash flow. Total monthly income runs $1,526/mo, and annual cash flow reaches $1,652/yr on $66,134 cash to close. Return on cash invested measures 22.41% in year one, and rental yield registers 9.18% at a $199,500 basis. Equity gained on principal adds $1,287/yr, and annual property appreciation at 5% supports $55,118 by year five. Five-year ROI tracks 117.26% and total cumulative return in cash totals $77,551. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,526/mo property income relative to a $976/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
0.97 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-31 | Listed for sale | $199,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-01 | $3751.31 | 6.59% | $74,772 | N/A |
| 2022-04-01 | $3519.30 | 51.06% | $74,772 | 54.66% |
| 2021-04-01 | $2329.70 | -1.76% | $48,347 | N/A |
Listed by: Alice Jolley • Re/Max Of Albany
Mls Name: SWGMLS
Mls ID: #164651
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