19 Lafayette DrRichmond HillGA31324
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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
Rental property for sale in Richmond Hill at 19 Lafayette Dr, Richmond Hill, GA, 31324 generates $5,489/mo in rent and, after a $4,013/mo payment, leaves $279/mo in cash flow. Total monthly income is $5,489/mo, and annual cash flow is $3,346/yr on $269,780 invested. Return on cash invested sits at 21.3% in year one, and rental yield is 8.03% on a $819,999 entry. Equity gained on principal adds $5,291/yr, while 5% annual appreciation builds toward $226,551 over five years. Five-year ROI reaches 110.49% and total cumulative return in cash sums $298,066. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,489/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.25 Acres lot
$N/A/sqft
$220 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
13,778
Single Family
12,700
Multi-Family
1,078
Businesses
1,015
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Listed by: Kacey Howard • Seabolt Real Estate
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #319083
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.