113 Saltgrass LnBloomingdaleGA31302
Nearby investment properties with comparable rents
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
Investment property for sale in Bloomingdale at 113 Saltgrass Ln, Bloomingdale, GA, 31302 uses $116,847 cash to close to unlock $31,071/yr annual cash flow and $2,589/mo monthly cash flow. Total monthly income runs $4,801/mo, and a $1,725/mo payment keeps the spread at $2,589/mo. Purchase price stands at $352,480, and rental yield measures 16.34% with $4,801/mo rent. Return on cash invested shows 46.5% in year one, and 5% annual appreciation builds toward $97,384 over five years. Five-year ROI reaches 245.57% and total cumulative return in cash records $286,944. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,801/mo property income covering a $1,725/mo payment rather than investor’s personal income.
Single Family
Built in 2024
6,316 sqft lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31302, Bloomingdale, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,839 (100%) |
| Owner Occupied HU | 3,010 (62.2%) |
| Renter Occupied HU | 1,359 (28.1%) |
| Vacant Housing Units | 470 ( 9.7%) |
| Median Home Value | $280,527 |
| Average Home Value | $323,776 |
Housing Distribution
Address Breakdown
Residential
3,726
Single Family
3,413
Multi-Family
313
Businesses
215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Tao • Serhant Georgia LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #314233
Disclaimer: 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. Information is deemed reliable but not guaranteed.