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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 Woodbine at 990 Godley Ave, Woodbine, GA, 31569 priced at $850,000 converts $2,970/mo rent into after a $4,160/mo obligation. Total monthly income equals $2,970/mo. Return on cash invested prints 10.61% in year one, and rental yield reads 4.19% against a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 52.81% and total cumulative return in cash sums $147,670. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,970/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 2006
5.30 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 |
|---|---|---|
| 2025-01-08 | Price change | $850,000 |
| 2014-02-26 | Listed for sale | $419,000 |
| 2013-10-26 | Listing removed | $419,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-16 | $3558.68 | -3.04% | $215,964 | 9.79% |
| 2022-02-16 | $3670.39 | -19.48% | $196,698 | 20.37% |
| 2021-02-16 | $4558.19 | -2.77% | $163,408 | N/A |
Listed by: Lonnie Shaw • ERA Kings Bay Realty
Mls Name: GIAOR
Mls ID: #1651127
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.
