110 Magnolia DriveSpringfieldGA31329
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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 110 Magnolia Drive, Springfield, GA, 31329 listed at $259,000 pairs $2,443/mo rent with a $1,268/mo payment to leave $866/mo cash flow. Total monthly income runs $2,443/mo, and annual cash flow reaches $10,396/yr on $85,859 cash to close. Return on cash invested measures 32.02% in year one, and rental yield registers 11.32% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 167.68% and total cumulative return in cash totals $143,968. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,443/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
9,147 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: Kimberly Kilbourne • Redfin Corporation
Mls Name: Hive MLS
Mls ID: #SA343313