175 Carter St, Richmond Hill, GA, 31324 | $96/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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175 Carter St, Richmond Hill, GA, 31324 | $96/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Richmond Hill at 175 Carter St, Richmond Hill, GA, 31324 uses $76,212 cash to close to unlock $1,152/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $1,495/mo, and a $1,125/mo payment keeps the spread at $96/mo. Purchase price stands at $229,900, and rental yield measures 7.8% with $1,495/mo rent. Return on cash invested shows 21.42% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 110.88% and total cumulative return in cash records $84,503. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,495/mo property income covering a $1,125/mo payment rather than investor’s personal income.

Manufactured

Built in 2001

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Best value in Richmond Hill! This updated 4-bedroom home sits on a spacious .34-acre lot with NO HOA and easy access to Kroger, Starbucks, shopping, and dining. Located within the highly sought-after Richmond Hill school district, this property features a permanent foundation and a new roof installed in 2025, offering long-term stability and financing flexibility. The open floor plan, split bedroom layout, storage shed, and negotiable furniture make this home ideal for both owner-occupants and investors. With strong rental demand in the area and an aggressive price point for this community, this property presents an exceptional ROI opportunity. Oversized yard, convenience, and affordability all in one-schedule your tour today before its gone!

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