161 Blackwater WaySpringfieldGA31329
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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 161 Blackwater Way, Springfield, GA, 31329 with 5% annual appreciation on a $259,900 basis while $1,876/mo rent supports operations. Total monthly income totals $1,876/mo and a $1,272/mo payment preserves $281/mo for cash returns. Annual cash flow comes to $3,370/yr on $86,157 deployed, and return on cash invested reaches 23.82% in year one. Equity gained on principal adds $1,677/yr, and five-year appreciation sums $71,806 alongside rental yield of 8.66%. Five-year ROI measures 123.76% and total cumulative return in cash totals $106,630.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,876/mo property income versus a $1,272/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
0.35 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: Heather Murphy • Keller Williams Coastal Area P
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #329251
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.