120 Travelers 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 120 Travelers Dr, Springfield, GA, 31329 priced at $354,500 converts $3,121/mo rent into $922/mo cash flow after a $1,735/mo obligation. Total monthly income equals $3,121/mo, and annual cash flow totals $11,063/yr on $117,517 invested. Return on cash invested prints 29.32% in year one, and rental yield reads 10.56% against a $354,500 entry. Equity gained on principal adds $2,288/yr, while 5% annual appreciation compiles into $97,942 by year five. Five-year ROI reaches 153.32% and total cumulative return in cash sums $180,179. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,121/mo property income covering a $1,735/mo payment, not borrower’s personal income.
Single Family
Built in 2023
7,971 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: Jessica Arledge • Keller Williams Coastal Area P
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #323355
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