234 Glendale CircleRichmond 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
Rental property for sale in Richmond Hill at 234 Glendale Circle, Richmond Hill, GA, 31324 priced at $496,907 converts $2,915/mo rent into after a $2,432/mo obligation. Total monthly income equals $2,915/mo. Return on cash invested prints 19.11% in year one, and rental yield reads 7.04% against a $496,907 entry. Equity gained on principal adds $3,206/yr, while 5% annual appreciation compiles into $137,286 by year five. Five-year ROI reaches 98.44% and total cumulative return in cash sums $162,153. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,915/mo property income covering a $2,432/mo payment, not borrower’s personal income.
Single Family
Built in 2026
0.31 Acres lot
$N/A/sqft
No 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: Christina M. Reardon • Landmark 24 Realty, Inc
Mls Name: Hive MLS
Mls ID: #SA345203