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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Richmond Hill at 112 Coby Lane, Richmond Hill, GA, 31324 priced at $355,000 converts $2,477/mo rent into $251/mo cash flow after a $1,738/mo obligation. Total monthly income equals $2,477/mo, and annual cash flow totals $3,012/yr on $117,683 invested. Return on cash invested prints 22.47% in year one, and rental yield reads 8.37% against a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation compiles into $98,080 by year five. Five-year ROI reaches 116.65% and total cumulative return in cash sums $137,280. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,477/mo property income covering a $1,738/mo payment, not borrower’s personal income.
Single Family
Built in 2023
6,534 sqft lot
$N/A/sqft
$780 annually HOA
Neighborhood data shown for ZIP Code: 31324, Richmond Hill, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,959 (100%) |
| Owner Occupied HU | 10,365 (69.3%) |
| Renter Occupied HU | 3,421 (22.9%) |
| Vacant Housing Units | 1,173 ( 7.8%) |
| Median Home Value | $389,566 |
| Average Home Value | $434,971 |
Residential
13,778
Single Family
12,700
Multi-Family
1,078
Businesses
1,015
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Sold | $355,000 |
| 2025-05-16 | Listed for sale | $355,000 |
| 2023-05-26 | Sold | $318,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $224.90 | -53.90% | $118,120 | 462.48% |
| 2023-10-29 | $487.84 | -3.01% | $21,000 | N/A |
| 2022-10-29 | $503.00 | N/A | $21,000 | N/A |
What's Special
Pull Down Stairs
Listed by: Deanna N. Taylor • Realty One Group Inclusion
Mls Name: Hive MLS
Mls Provider:
Mls ID: #SA331108
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2025-10-17 12:20:34 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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. 2025-10-17 12:20:34 PDT Hive MLS
