105 2nd AveSpringfieldGA31329
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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 105 2nd Ave, Springfield, GA, 31329 generates $2,527/mo in rent and, after a $1,580/mo payment, leaves $562/mo in cash flow. Total monthly income is $2,527/mo, and annual cash flow is $6,747/yr on $107,041 invested. Return on cash invested sits at 26.21% in year one, and rental yield is 9.39% on a $322,900 entry. Equity gained on principal adds $2,084/yr, while 5% annual appreciation builds toward $89,211 over five years. Five-year ROI reaches 136.54% and total cumulative return in cash sums $146,150. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,527/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.62 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
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Listed by: Destiny K. Eberhardt • eXp Realty LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #311825
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.