114 Eagle DrSpringfieldGA31329
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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 114 Eagle Dr, Springfield, GA, 31329 priced at $245,000 pairs $1,674/mo rent with $183/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,674/mo, and annual cash flow comes to $2,196/yr on $81,218 invested. Return on cash invested is 22.61% in year one, and rental yield stands at 8.2% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 117.27% and total cumulative return in cash reaches $95,244. For financing, Ziffy Mortgage’s DSCR program evaluates $1,674/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.67 Acres 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: Amber McConaha • Weichert,REALTORS - Real Estate Professionals
Mls Name: HABR
Mls ID: #162847