215 Crape Myrtle CtSpringfieldGA31329
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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 Springfield at 215 Crape Myrtle Ct, Springfield, GA, 31329 earns $221/mo cash flow from $2,022/mo rent with a $1,448/mo payment. Total monthly income totals $2,022/mo, and annual cash flow totals $2,657/yr on $98,091 capital. ROI tracks 22.62% on current figures, and rental yield reads 8.2% at a $295,900 purchase. Equity gained on principal adds $1,909/yr, and 5% annual appreciation supports $81,752 over five years. Five-year ROI reaches 117.26% and total cumulative return in cash sums $115,017. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,022/mo property income instead of your personal income.
Single Family
Built in 2018
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31329, Springfield, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,393 (100%) |
| Owner Occupied HU | 3,218 (73.3%) |
| Renter Occupied HU | 906 (20.6%) |
| Vacant Housing Units | 269 ( 6.1%) |
| Median Home Value | $279,257 |
| Average Home Value | $294,037 |
Housing Distribution
Address Breakdown
Residential
3,781
Single Family
3,781
Multi-Family
0
Businesses
289
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Listed by: Bonnie King • Re/Max 1st Choice Realty
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #329890
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.