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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 Hinesville at 18 Mikell Ct, Hinesville, GA, 31313 priced at $407,900 converts $2,880/mo rent into $398/mo cash flow after a $1,996/mo obligation. Total monthly income equals $2,880/mo, and annual cash flow totals $4,775/yr on $135,219 invested. Return on cash invested prints 23.44% in year one, and rental yield reads 8.47% against a $407,900 entry. Equity gained on principal adds $2,632/yr, while 5% annual appreciation compiles into $112,695 by year five. Five-year ROI reaches 121.63% and total cumulative return in cash sums $164,472. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $1,996/mo payment, not borrower’s personal income.
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31313, Hinesville, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,425 (100%) |
| Owner Occupied HU | 8,353 (45.3%) |
| Renter Occupied HU | 8,185 (44.4%) |
| Vacant Housing Units | 1,887 (10.2%) |
| Median Home Value | $197,119 |
| Average Home Value | $222,755 |
Residential
18,132
Single Family
17,348
Multi-Family
784
Businesses
985
Date | Event | Price |
|---|---|---|
| 2024-03-07 | Price change | $407,900 |
| 2024-03-04 | Listed for sale | $429,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Leslie Heath • The Liberty Group
Mls Name: HABR
Mls ID: #153683
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.
