1219 Carolina CvRinconGA31326
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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 1219 Carolina Cv, Rincon, GA, 31326 uses $94,478 cash to close to unlock $6,688/yr annual cash flow and $557/mo monthly cash flow. Total monthly income runs $2,292/mo, and a $1,395/mo payment keeps the spread at $557/mo. Purchase price stands at $285,000, and rental yield measures 9.65% with $2,292/mo rent. Return on cash invested shows 26.99% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 140.69% and total cumulative return in cash records $132,918. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,292/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 2002
7,840 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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