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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 Folkston at 892 Reynolds Rd, Folkston, GA, 31537 priced at $150,000 converts $1,496/mo rent into $583/mo cash flow after a $734/mo obligation. Total monthly income equals $1,496/mo, and annual cash flow totals $6,999/yr on $49,725 invested. Return on cash invested prints 33.98% in year one, and rental yield reads 11.97% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 178.28% and total cumulative return in cash sums $88,650. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,496/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31537, Folkston, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,830 (100%) |
| Owner Occupied HU | 2,495 (65.1%) |
| Renter Occupied HU | 848 (22.1%) |
| Vacant Housing Units | 487 (12.7%) |
| Median Home Value | $170,560 |
| Average Home Value | $222,814 |
Residential
3,308
Single Family
3,268
Multi-Family
40
Businesses
320
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Alma Powers • Iron Valley Real Estate Coastal GA
Mls Name: GAMLS
Mls ID: #10648893
