1580 Nixon Chapel RoadSpringfieldGA31329
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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 Springfield at 1580 Nixon Chapel Road, Springfield, GA, 31329 uses $81,184 cash to close to unlock $17,534/yr annual cash flow and $1,461/mo monthly cash flow. Total monthly income runs $2,952/mo, and a $1,199/mo payment keeps the spread at $1,461/mo. Purchase price stands at $244,900, and rental yield measures 14.46% with $2,952/mo rent. Return on cash invested shows 41.51% in year one, and 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 218.56% and total cumulative return in cash records $177,437. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,952/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Manufactured
Built in 2017
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31329, Springfield, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,393 (100%) |
| Owner Occupied HU | 3,218 (73.3%) |
| Renter Occupied HU | 906 (20.6%) |
| Vacant Housing Units | 269 ( 6.1%) |
| Median Home Value | $279,257 |
| Average Home Value | $294,037 |
Housing Distribution
Address Breakdown
Residential
3,781
Single Family
3,781
Multi-Family
0
Businesses
289
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Listed by: Lorrie Gurganious • Re/Max 1st Choice Realty
Mls Name: Hive MLS
Mls ID: #SA341166