142 Dearborn DrRichmond HillGA31324
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Richmond Hill at 142 Dearborn Dr, Richmond Hill, GA, 31324 priced at $329,000 converts $2,305/mo rent into $303/mo cash flow after a $1,610/mo obligation. Total monthly income equals $2,305/mo, and annual cash flow totals $3,635/yr on $109,064 invested. Return on cash invested prints 23.24% in year one, and rental yield reads 8.41% against a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation compiles into $90,897 by year five. Five-year ROI reaches 120.58% and total cumulative return in cash sums $131,505. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,305/mo property income covering a $1,610/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.31 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christa G. Pittman • Re/Max Accent
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #328415
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.