113 Freesia DrSpringfieldGA31329
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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
Rental property for sale in Springfield at 113 Freesia Dr, Springfield, GA, 31329 priced at $368,229 converts $2,952/mo rent into $670/mo cash flow after a $1,802/mo obligation. Total monthly income equals $2,952/mo, and annual cash flow totals $8,034/yr on $122,068 invested. Return on cash invested prints 26.49% in year one, and rental yield reads 9.62% against a $368,229 entry. Equity gained on principal adds $2,376/yr, while 5% annual appreciation compiles into $101,735 by year five. Five-year ROI reaches 138.15% and total cumulative return in cash sums $168,637. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,952/mo property income covering a $1,802/mo payment, not borrower’s personal income.
Single Family
Built in 2024
8,145 sqft lot
$N/A/sqft
$500 annually 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: Kristen Woods • Mungo Homes Realty LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #319334
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