110 Freesia DriveSpringfieldGA31329
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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 110 Freesia Drive, Springfield, GA, 31329 offers $2,893/mo rent that, after a $1,786/mo payment, leaves $672/mo cash flow. Total monthly income is $2,893/mo, and annual cash flow is $8,064/yr on $120,998 cash. Return on cash invested measures 26.57% in year one, and rental yield stands at 9.51% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 138.48% and total cumulative return in cash reaches $167,563. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,893/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
7,405 sqft 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: Amy N. Feith • Integrity Real Estate LLC
Mls Name: Hive MLS
Mls ID: #SA342925