217 Tremain DrHinesvilleGA31313
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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 Hinesville at 217 Tremain Dr, Hinesville, GA, 31313 earns $78/mo cash flow from $3,610/mo rent with a $2,691/mo payment. Total monthly income totals $3,610/mo, and annual cash flow totals $937/yr on $180,917 capital. ROI tracks 20.58% on current figures, and rental yield reads 7.88% at a $549,900 purchase. Equity gained on principal adds $3,548/yr, and 5% annual appreciation supports $151,927 over five years. Five-year ROI reaches 106.72% and total cumulative return in cash sums $193,082. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,610/mo property income instead of your personal income.
Single Family
Built in 1998
0.88 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 31313, Hinesville, GA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,132
Single Family
17,348
Multi-Family
784
Businesses
985
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-13 | Listed for sale | $549,900 |
| 2017-12-26 | Listing removed | $269,000 |
| 2017-12-22 | Sold | $269,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $6791.89 | 38.79% | $155,306 | 27.96% |
| 2022-10-16 | $4893.62 | 8.09% | $121,369 | 8.09% |
| 2021-10-16 | $4527.37 | 5.88% | $112,286 | -1.03% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1998
- Architectural Style: Ranch
- Building Area: 3,421
- Living Area: 3,421 sqft
- Property Condition: Resale
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Carpet, Other
- Interior Features: High Ceilings, Master Downstairs, Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Attached, Garage, Parking Pad
Location
- City: Hinesville
- State: GA
- Subdivision: Tremain Estates
- Lot Size: 0.88 Acres
- Lot Features: Level
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: None
Utilities
- Utilities: Other
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Joseph Martin
- Middle School: Lewis Frasier
- High School: Liberty County
Listed by: Jimmy Shanken • Coldwell Banker Southern Coast
Mls Name: GAMLS
Mls Provider:
Mls ID: #10377722
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.