102 Laura LnSpringfieldGA31329
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Springfield at 102 Laura Ln, Springfield, GA, 31329 priced at $339,900 converts $3,161/mo rent into $1,092/mo cash flow after a $1,664/mo obligation. Total monthly income equals $3,161/mo, and annual cash flow totals $13,103/yr on $112,677 invested. Return on cash invested prints 31.54% in year one, and rental yield reads 11.16% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 165.06% and total cumulative return in cash sums $185,987. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,161/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 2004
1.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31329, Springfield, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,393 (100%) |
| Owner Occupied HU | 3,218 (73.3%) |
| Renter Occupied HU | 906 (20.6%) |
| Vacant Housing Units | 269 ( 6.1%) |
| Median Home Value | $279,257 |
| Average Home Value | $294,037 |
Housing Distribution
Address Breakdown
Residential
3,781
Single Family
3,781
Multi-Family
0
Businesses
289
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marion T. Lanier • Re/Max Savannah
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #316852
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.