229 Honey Lane CirHinesvilleGA31313
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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 Hinesville at 229 Honey Lane Cir, Hinesville, GA, 31313 priced at $234,000 converts $2,100/mo rent into $676/mo cash flow after a $1,145/mo obligation. Total monthly income equals $2,100/mo, and annual cash flow totals $8,114/yr on $77,571 invested. Return on cash invested prints 30.37% in year one, and rental yield reads 10.77% against a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation compiles into $64,650 by year five. Five-year ROI reaches 158.86% and total cumulative return in cash sums $123,231. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,100/mo property income covering a $1,145/mo payment, not borrower’s personal income.
Single Family
Built in 1983
653.40 sqft lot
$N/A/sqft
No HOA
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
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Listed by: Joseph Fryar • The Prudential Realty, LLC
Mls Name: HABR
Mls ID: #159835
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.