Real Estate

Pros & Cons of 98 Pine Bluff Blvd E, Kingsland, GA 31548

This charming 4-bedroom home on a corner lot presents a unique opportunity for both families and investors alike. With a competitive cash on cash return of 6.3% and a cap rate of 8.2%, this property stands out as a solid investment choice. The monthly rent of $2,113 and a net operating income of $2,024 further enhance its appeal. However, potential investors should also consider the total payment of $1,801, which includes principal, interest, taxes, and insurance, as it impacts the overall cash flow. While the property offers a monthly cash flow of $312, it’s essential to weigh these financial metrics against the local market conditions and property management responsibilities.

What are the Pros of 98 Pine Bluff Blvd E, Kingsland, GA 31548?

  • Strong cash on cash return of 6.3%
  • Attractive cap rate of 8.2%
  • Monthly rent of $2,113 provides solid income
  • Fenced-in backyard offers privacy and appeal
  • Located near I-95 and Kings Bay Naval Base for convenience

What are the Cons of 98 Pine Bluff Blvd E, Kingsland, GA 31548?

  • Total payment of $1,801 may limit cash flow
  • Monthly cash flow of $312 may not be sufficient for all investors
  • Market conditions could affect rental demand

What are potential Red Flags or Risks with 98 Pine Bluff Blvd E, Kingsland, GA 31548?

  • Potential fluctuations in local rental market
  • Maintenance costs for a 4-bedroom home
  • Dependence on military personnel for rental demand

Property Details for 98 Pine Bluff Blvd E, Kingsland, GA 31548

Property Detail Name Property Detail Value
Address 98 Pine Bluff Blvd E, Kingsland, GA 31548
Property Type Single Family
Price $295,000
Price Change $0
Tax Assessed Value $289,752
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 4.0
Bathrooms 2.0
Living Area 1,868.0
Lot Area 9147.6
Lot Area Unit SQFT
Year Built 2007

Weighing the Investment Potential

In conclusion, this property offers a compelling investment opportunity with its strong financial metrics, including a cash on cash return of 6.3% and a cap rate of 8.2%. The location near I-95 and Kings Bay Naval Base enhances its attractiveness for potential renters. However, investors must remain cautious of the total payment obligations and the relatively modest monthly cash flow of $312. Balancing these factors is crucial for making an informed decision. If you're looking for a property that combines comfort with investment potential, this home is worth considering. Schedule your tour today!

Financial Summary for 98 Pine Bluff Blvd E, Kingsland, GA 31548

Financial Metric Name Financial Metric Value
Cash on Cash Return 6.3%
Monthly Rent $2,113
Net Operating Income $2,024
Cap Rate 8.2%
Monthly Cash Flow $312
Gross Rent Multiplier 11.6
Debt Service Coverage Ratio 1.4
Principal and Interest $1,476
Tax $236
HOA Fees $0
Insurance $89
Total Payment $1,801