242 Parish Loop NEHinesvilleGA31313
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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 242 Parish Loop NE, Hinesville, GA, 31313 uses $79,560 cash to close to unlock $10,908/yr annual cash flow and $909/mo monthly cash flow. Total monthly income runs $2,370/mo, and a $1,175/mo payment keeps the spread at $909/mo. Purchase price stands at $240,000, and rental yield measures 11.85% with $2,370/mo rent. Return on cash invested shows 33.62% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 176.23% and total cumulative return in cash records $140,210. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,370/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.25 Acres 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: Nathan Herren • Keller Williams Realty Coastal
Mls Name: GAMLS
Mls ID: #10651848