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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 Blackshear at 6230 Palmetto Way, Blackshear, GA, 31516 priced at $549,900 converts $4,200/mo rent into $729/mo cash flow after a $2,691/mo obligation. Total monthly income equals $4,200/mo, and annual cash flow totals $8,744/yr on $180,917 invested. Return on cash invested prints 24.89% in year one, and rental yield reads 9.17% against a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation compiles into $151,927 by year five. Five-year ROI reaches 129.71% and total cumulative return in cash sums $234,662. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,200/mo property income covering a $2,691/mo payment, not borrower’s personal income.
Single Family
Built in 1994
1.13 Acres lot
$N/A/sqft
$125 monthly 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 | $549,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-03 | $2555.26 | 1.91% | $191,720 | 88.90% |
| 2022-04-03 | $2507.31 | 1.18% | $101,494 | 3.78% |
| 2021-04-03 | $2478.09 | 0.22% | $97,797 | 4.91% |
What's Special
Pull Down Stairs
Listed by: Doris Germano • Heritage Realty Company
Mls Name: GIAOR
Mls ID: #1653002
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.
