








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 940 Azalea St, Blackshear, GA, 31516 offers a 11.56% rental yield on a $174,900 purchase with $1,685/mo rent. Total monthly income registers $1,685/mo, and a $856/mo payment leaves $610/mo available for distribution. Annual cash flow reaches $7,323/yr on $57,979 to close, and return on cash invested stands at 32.54% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 170.58% and total cumulative return in cash at $98,904. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,685/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.39 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 |
|---|---|---|
| 2025-07-22 | Sold | $174,900 |
| 2025-06-21 | Pending sale | $174,900 |
| 2025-05-17 | Listed for sale | $174,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $1576.38 | 1.06% | $49,096 | 0.94% |
| 2023-10-31 | $1559.87 | 38.54% | $48,641 | 64.08% |
| 2022-10-31 | $1125.94 | -3.87% | $29,645 | 4.01% |



Listed by: Jody DuPont • Compass360 Realty, Inc.
Mls Name: GIAOR
Mls ID: #1654032
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.