116 Cravey LnRinconGA31326
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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 Rincon at 116 Cravey Ln, Rincon, GA, 31326 uses $109,362 cash to close to unlock $4,054/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $2,346/mo, and a $1,615/mo payment keeps the spread at $338/mo. Purchase price stands at $329,900, and rental yield measures 8.53% with $2,346/mo rent. Return on cash invested shows 23.62% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 122.58% and total cumulative return in cash records $134,055. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,346/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31326, Rincon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,152 (100%) |
| Owner Occupied HU | 6,880 (67.8%) |
| Renter Occupied HU | 2,791 (27.5%) |
| Vacant Housing Units | 481 ( 4.7%) |
| Median Home Value | $286,885 |
| Average Home Value | $303,895 |
Housing Distribution
Address Breakdown
Residential
9,676
Single Family
8,862
Multi-Family
814
Businesses
744
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