207 Hanover PlRichmond 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 207 Hanover Pl, Richmond Hill, GA, 31324 with 5% annual appreciation on a $468,450 basis while $3,184/mo rent supports operations. Total monthly income totals $3,184/mo and a $2,293/mo payment preserves $270/mo for cash returns. Annual cash flow comes to $3,243/yr on $155,291 deployed, and return on cash invested reaches 22% in year one. Equity gained on principal adds $3,023/yr, and five-year appreciation sums $129,424 alongside rental yield of 8.16%. Five-year ROI measures 114.1% and total cumulative return in cash totals $177,182.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,184/mo property income versus a $2,293/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$750 annually HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-13 | Price change | $468,450 |
| 2024-12-10 | Price change | $473,450 |
| 2024-07-24 | Listed for sale | $465,360 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-05 | $540.34 | N/A | $24,000 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2024
- Architectural Style: Ranch
- Building Area: N/A
- Living Area: 2,080 sqft
- Property Condition: New Construction
Features & Amenities
- Heating: Central, Electric, Heat Pump
- Cooling: Central Air, Electric, Heat Pump
- Flooring: N/A
- Interior Features: Breakfast Area, Tray Ceiling(s), Ceiling Fan(s), Double Vanity, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Main Level Primary, Pull Down Attic Stairs, Split Bedrooms, Separate Shower, Programmable Thermostat
- Exterior Features: Porch
- Parking Features: Attached, Garage Door Opener
Location
- City: Richmond Hill
- State: GA
- Subdivision: Wexford
- Lot Size: 7,405 sqft
- Lot Features: Back Yard, Level, Private, Sprinkler System, Wooded
- View: N/A
HOA & Fees
- HOA Fee: $750 annually
- Association Fee: $750 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available, Underground Utilities
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Asphalt, Paved
School Information
- Elementary School: McAllister
- Middle School: RHMS
- High School: RHHS
What's Special
Pull Down Stairs
Listed by: Anthony V. Sardinas • Liz & Associates Realty, LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #315376
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.