








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 Woodbine at 646 Pelican Cir, Woodbine, GA, 31569 generates $1,892/mo in rent and, after a $954/mo payment, leaves $706/mo in cash flow. Total monthly income is $1,892/mo, and annual cash flow is $8,467/yr on $64,643 invested. Return on cash invested sits at 33.01% in year one, and rental yield is 11.64% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 172.97% and total cumulative return in cash sums $111,814. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,892/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31569, Woodbine, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,420 (100%) |
| Owner Occupied HU | 1,721 (71.1%) |
| Renter Occupied HU | 473 (19.5%) |
| Vacant Housing Units | 226 ( 9.3%) |
| Median Home Value | $309,335 |
| Average Home Value | $310,263 |
Residential
2,136
Single Family
2,127
Multi-Family
9
Businesses
155
Date | Event | Price |
|---|---|---|
| 2025-08-20 | Sold | $195,000 |
| 2025-07-23 | Pending sale | $189,900 |
| 2025-07-18 | Listed for sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $517.17 | 6590.43% | $18,326 | -27.45% |
| 2023-10-14 | $7.73 | -68.27% | $25,261 | -2.08% |
| 2022-10-14 | $24.36 | 120.05% | $25,798 | -5.65% |



Listed by: Carrie Paulk-Gay • Coldwell Banker Access Realty KGLD
Mls Name: GIAOR
Mls ID: #1653772
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.