148 Minning LoopRichmond HillGA31324
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 148 Minning Loop, Richmond Hill, GA, 31324 in Richmond Hill speaks for itself: 13.83% gross on a $385,500 price, generating $4,442/mo in rent and $2,046/mo in net income after the $1,733/mo debt service. DSCR 2.56, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $24,554 stacks alongside $106,507 in projected five-year appreciation and $3,550/yr in principal reduction. Projected total cumulative return: $277,896.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 7.0% |
| Monthly Cash Flow | $2,046 | $350 |
City averages based on Richmond Hill market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,442 |
| Total Monthly Debt Service | $2,243 |
| DSCR Ratio | 1.98x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2019
0.38 Acres lot
$N/A/sqft
$600 annually 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
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
Single Family
Built in 2019
0.38 Acres lot
$N/A/sqft
$600 annually 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