105 River Ridge RdBrunswickGA31523
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 Brunswick at 105 River Ridge Rd, Brunswick, GA, 31523 priced at $465,000 pairs $3,797/mo rent with $967/mo cash flow after a $2,276/mo payment. Total monthly income equals $3,797/mo, and annual cash flow comes to $11,602/yr on $154,148 invested. Return on cash invested is 27.44% in year one, and rental yield stands at 9.8% on a $465,000 basis. Equity gained on principal adds $3,001/yr, and 5% annual appreciation accumulates to $128,471 by year five. Five-year ROI measures 143.06% and total cumulative return in cash reaches $220,523. For financing, Ziffy Mortgage’s DSCR program evaluates $3,797/mo property income against a $2,276/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
1.26 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 31523, Brunswick, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,216 (100%) |
| Owner Occupied HU | 4,854 (78.1%) |
| Renter Occupied HU | 865 (13.9%) |
| Vacant Housing Units | 497 ( 8.0%) |
| Median Home Value | $367,810 |
| Average Home Value | $405,835 |
Housing Distribution
Address Breakdown
Residential
6,227
Single Family
6,226
Multi-Family
1
Businesses
282
Price History
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Price change | $465,000 |
| 2024-08-11 | Listed for sale | $482,000 |
| 1992-05-01 | Sold | $150,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | $430.09 | -21.49% | $121,680 | 19.76% |
| 2022-01-09 | $547.80 | -2.19% | $101,600 | 10.05% |
| 2021-01-09 | $560.08 | N/A | $92,320 | N/A |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1986
- Architectural Style: Brick 4 Side,Ranch
- Building Area: 2
- Living Area: 2 sqft
- Property Condition: Fixer
Features & Amenities
- Heating: Central, Heat Pump
- Cooling: Central Air, Heat Pump
- Flooring: Laminate, Vinyl
- Interior Features: Bookcases, Master Downstairs, Tile Bath
- Exterior Features: Sprinkler System
- Parking Features: Garage, Garage Door Opener, Off Street, Parking Pad
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: None
Utilities
- Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Connected, Water Available
- Sewer: Public Sewer
- Water Source: Private, Well
- Road Surface Type: N/A
School Information
- Elementary School: Glyndale
- Middle School: Jane Macon
- High School: Brunswick
What's Special
Pull Down Stairs
Listed by: Janet Ribron • Salt Coast Properties
Mls Name: GAMLS
Mls Provider:
Mls ID: #10356170
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.