2003 River Oaks 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
Investment property for sale in Richmond Hill at 2003 River Oaks Dr, Richmond Hill, GA, 31324 earns $1,423/mo cash flow from $4,663/mo rent with a $2,324/mo payment. Total monthly income totals $4,663/mo, and annual cash flow totals $17,077/yr on $157,429 capital. ROI tracks 30.76% on current figures, and rental yield reads 11.78% at a $474,900 purchase. Equity gained on principal adds $3,064/yr, and 5% annual appreciation supports $131,206 over five years. Five-year ROI reaches 161.86% and total cumulative return in cash sums $254,819. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,663/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$350 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: Drew Doheny • Re/Max Accent
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #311125
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.