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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 Richmond Hill at 10 Evergreen Oak Dr, Richmond Hill, GA, 31324 priced at $288,000 converts $2,516/mo rent into $763/mo cash flow after a $1,410/mo obligation. Total monthly income equals $2,516/mo, and annual cash flow totals $9,154/yr on $95,472 invested. Return on cash invested prints 29.5% in year one, and rental yield reads 10.48% against a $288,000 entry. Equity gained on principal adds $1,858/yr, while 5% annual appreciation compiles into $79,569 by year five. Five-year ROI reaches 154.12% and total cumulative return in cash sums $147,144. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,516/mo property income covering a $1,410/mo payment, not borrower’s personal income.
Single Family
Built in 2007
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31324, Richmond Hill, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,959 (100%) |
| Owner Occupied HU | 10,365 (69.3%) |
| Renter Occupied HU | 3,421 (22.9%) |
| Vacant Housing Units | 1,173 ( 7.8%) |
| Median Home Value | $389,566 |
| Average Home Value | $434,971 |
Residential
13,778
Single Family
12,700
Multi-Family
1,078
Businesses
1,015
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: Sharon E. Black • Sharon Black Realty
Mls Name: Hive MLS
Mls ID: #SA334360
