117 Horizon LnRichmond HillGA31324
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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 Richmond Hill at 117 Horizon Ln, Richmond Hill, GA, 31324 with 5% annual appreciation on a $265,000 basis while $1,896/mo rent supports operations. Total monthly income totals $1,896/mo and a $1,297/mo payment preserves $133/mo for cash returns. Annual cash flow comes to $1,591/yr on $87,848 deployed, and return on cash invested reaches 21.72% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 8.59%. Five-year ROI measures 113.18% and total cumulative return in cash totals $99,423.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,896/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
1,742 sqft lot
$N/A/sqft
$275 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31324, Richmond Hill, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,778
Single Family
12,700
Multi-Family
1,078
Businesses
1,015
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Listed by: Teresa Cowart • Re/Max Accent
Mls Name: HABR
Mls ID: #162623
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.