142 Greene DrRinconGA31326
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 Rincon at 142 Greene Dr, Rincon, GA, 31326 priced at $199,900 converts $1,556/mo rent into $340/mo cash flow after a $978/mo obligation. Total monthly income equals $1,556/mo, and annual cash flow totals $4,077/yr on $66,267 invested. Return on cash invested prints 26.06% in year one, and rental yield reads 9.34% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 135.71% and total cumulative return in cash sums $89,929. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,556/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1982
0.40 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia French • Re/Max 1st Choice Realty
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #327132
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.