106 BlackwaterSpringfieldGA31329
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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
Investment property for sale in Springfield at 106 Blackwater, Springfield, GA, 31329 with 5% annual appreciation on a $270,000 basis while $2,207/mo rent supports operations. Total monthly income totals $2,207/mo and a $1,322/mo payment preserves $563/mo for cash returns. Annual cash flow comes to $6,759/yr on $89,505 deployed, and return on cash invested reaches 27.46% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 9.81%. Five-year ROI measures 143.24% and total cumulative return in cash totals $128,209.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,207/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.29 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: Joshua R. Austin • Frank Moore & Company, LLC
Mls Name: Hive MLS
Mls ID: #SA339861