279 Wilson RdRichmond 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 279 Wilson Rd, Richmond Hill, GA, 31324 offers $3,128/mo rent that, after a $2,056/mo payment, leaves $572/mo cash flow. Total monthly income is $3,128/mo, and annual cash flow is $6,858/yr on $139,230 cash. Return on cash invested measures 24.83% in year one, and rental yield stands at 8.94% at a $420,000 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,038 by year five. Five-year ROI records 129.12% and total cumulative return in cash reaches $179,779. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,128/mo property income versus a $2,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.76 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-07-21 | Sold | $420,000 |
| 2025-06-27 | Pending sale | $465,000 |
| 2025-06-01 | Listed for sale | $465,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $3399.85 | 20.31% | $140,720 | 23.09% |
| 2023-10-08 | $2825.85 | -0.59% | $114,320 | 1.64% |
| 2022-10-08 | $2842.66 | 15.12% | $112,480 | 18.15% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2006
- Architectural Style: Traditional
- Building Area: N/A
- Living Area: 2,648 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric, Heat Pump
- Cooling: Central Air, Electric, Heat Pump
- Flooring: N/A
- Interior Features: Attic, Breakfast Bar, Breakfast Area, Tray Ceiling(s), Double Vanity, Entrance Foyer, Gourmet Kitchen, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Kitchen Island, Primary Suite, Pantry, Separate Shower, Programmable Thermostat
- Exterior Features: Covered Patio
- Parking Features: Attached, Garage, Garage Door Opener, Rear/Side/Off Street, On Street, Storage
Location
- City: Richmond Hill
- State: GA
- Subdivision: N/A
- Lot Size: 0.76 Acres
- Lot Features: Interior Lot, Level, Open Lot, Wooded
- View: Trees/Woods
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available, Underground Utilities
- Sewer: Septic Tank
- Water Source: Public
- Road Surface Type: Asphalt
School Information
- Elementary School: RHES
- Middle School: RHMS
- High School: RHHS
Listed by: Sheila Doney • Re/Max Accent
Mls Name: Hive MLS
Mls Provider:
Mls ID: #SA331843
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.