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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Richmond Hill at 159 Calhoun Ln, Richmond Hill, GA, 31324 offers $2,915/mo rent that, after a $3,171/mo payment. Total monthly income is $2,915/mo. Return on cash invested measures 13% in year one, and rental yield stands at 5.4% at a $647,900 entry. Equity gained on principal adds $4,181/yr while 5% annual appreciation compounds into $179,003 by year five. Five-year ROI records 66.08% and total cumulative return in cash reaches $140,858. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,915/mo property income versus a $3,171/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
0.25 Acres lot
$N/A/sqft
$226 monthly HOA
Neighborhood data shown for ZIP Code: 31324, Richmond Hill, GA area.
| 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 |
Residential
13,778
Single Family
12,700
Multi-Family
1,078
Businesses
1,015
Date | Event | Price |
|---|---|---|
| 2024-12-12 | Listed for sale | $647,900 |
| 2021-11-24 | Sold | $527,500 |
| 2021-10-23 | Contingent | $499,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $5281.09 | 13.06% | $210,120 | 17.83% |
| 2022-01-08 | $4671.12 | 17.99% | $178,320 | 22.88% |
| 2021-01-08 | $3958.79 | 489.11% | $145,120 | 437.48% |
What's Special
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Listed by: Andrea L. McDowell • Keller Williams Coastal Area P
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #322097
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.
