252 Split Branch DrRichmond 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 252 Split Branch Dr, Richmond Hill, GA, 31324 priced at $499,900 pairs $5,038/mo rent with $1,933/mo cash flow after a $2,447/mo payment. Total monthly income equals $5,038/mo, and annual cash flow comes to $23,193/yr on $165,717 invested. Return on cash invested is 33.9% in year one, and rental yield stands at 12.09% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 177.92% and total cumulative return in cash reaches $294,840. For financing, Ziffy Mortgage’s DSCR program evaluates $5,038/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
$750 annually HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-24 | Price change | $499,900 |
| 2024-08-07 | Price change | $514,990 |
| 2024-06-21 | Price change | $520,324 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2024
- Architectural Style: Other
- Building Area: N/A
- Living Area: 2,466 sqft
- Property Condition: New Construction
Features & Amenities
- Heating: Electric, Heat Pump
- Cooling: Electric, Heat Pump
- Flooring: N/A
- Interior Features: Breakfast Bar, Breakfast Area, Double Vanity, High Ceilings, Primary Suite, Pull Down Attic Stairs, Separate Shower, Upper Level Primary, Programmable Thermostat
- Exterior Features: N/A
- Parking Features: Attached
Location
- City: Richmond Hill
- State: GA
- Subdivision: Lenox At Buckhead East
- Lot Size: 8,712 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: $750 annually
- Association Fee: $750 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available, Underground Utilities
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Asphalt
School Information
- Elementary School: McAllister
- Middle School: RHMS
- High School: RHHS
What's Special
Pull Down Stairs
Listed by: Taelor Neal • Mungo Homes Realty LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #312629
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.