124 Fletcher RdHinesvilleGA31313
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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 Hinesville at 124 Fletcher Rd, Hinesville, GA, 31313 listed at $255,000 pairs $3,055/mo rent with a $1,248/mo payment to leave $1,503/mo cash flow. Total monthly income runs $3,055/mo, and annual cash flow reaches $18,037/yr on $84,533 cash to close. Return on cash invested measures 41.25% in year one, and rental yield registers 14.38% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 217.19% and total cumulative return in cash totals $183,596. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,055/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
0.51 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 31313, Hinesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,425 (100%) |
| Owner Occupied HU | 8,353 (45.3%) |
| Renter Occupied HU | 8,185 (44.4%) |
| Vacant Housing Units | 1,887 (10.2%) |
| Median Home Value | $197,119 |
| Average Home Value | $222,755 |
Housing Distribution
Address Breakdown
Residential
18,132
Single Family
17,348
Multi-Family
784
Businesses
985
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-14 | Listed for sale | $255,000 |
| 2005-08-17 | Sold | $88,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-15 | $15.80 | N/A | $57,638 | 19.61% |
| 2022-09-15 | N/A | N/A | $48,190 | 9.44% |
| 2021-09-15 | $1511.84 | 1.05% | $44,035 | -1.06% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1997
- Architectural Style: Ranch
- Building Area: N/A
- Living Area: 1,819 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: N/A
- Interior Features: Breakfast Area, Ceiling Fan(s), Double Vanity, Pull Down Attic Stairs, Separate Shower
- Exterior Features: Covered Patio, Deck
- Parking Features: Off Street
Location
- City: Hinesville
- State: GA
- Subdivision: N/A
- Lot Size: 0.51 Acres
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Underground Utilities
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
What's Special
Pull Down Stairs
Listed by: Latasha M. Hall • Scott Realty Professionals
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #319733
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