1638 State Highway 21 SSpringfieldGA31329
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
Investment property for sale in Springfield at 1638 State Highway 21 S, Springfield, GA, 31329 offers a 8.96% rental yield on a $350,500 purchase with $2,618/mo rent. Total monthly income registers $2,618/mo, and a $1,716/mo payment leaves $439/mo available for distribution. Annual cash flow reaches $5,272/yr on $116,191 to close, and return on cash invested stands at 24.45% in year one. Equity gained on principal adds $2,262/yr while 5% annual appreciation supports $96,837 over five years. Portfolio math shows five-year ROI at 127.23% and total cumulative return in cash at $147,831. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,618/mo property income against a $1,716/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
2 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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Nearby investment properties with comparable prices
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