280 Lake Lily Drive, Richmond Hill, GA, 31324 | $196/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Richmond Hill at 280 Lake Lily Drive, Richmond Hill, GA, 31324 uses $180,950 cash to close to unlock $2,347/yr annual cash flow and $196/mo monthly cash flow. Total monthly income runs $3,543/mo, and a $2,692/mo payment keeps the spread at $196/mo. Purchase price stands at $550,000, and rental yield measures 7.73% with $3,543/mo rent. Return on cash invested shows 21.36% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 110.44% and total cumulative return in cash records $199,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,543/mo property income covering a $2,692/mo payment rather than investor’s personal income.

Single Family

Built in 2022

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

BUCKHEAD EASTs NEW & NIFTY 5 BED / 4 BATH home is ready to WOW! This light-filled stunner features an airy, open-concept layout with soaring ceilings, crisp trim, and tasteful finishes throughout. The spacious design creates a comfortable, inviting environment thats perfect for everyday living AND entertaining. The GOURMET kitchen anchors the main level, flowing effortlessly into the casual dining area and cozy family roomperfect for hosting friends, weeknight dinners, or lazy Sunday lounging. Out back, the covered patio and full-sodded yard offer PLENTY of room to grill, gather, or just unwind under the Georgia sky. Solid backyard + patio + irrigation = MAJOR BONUS. And yes, theres a two-car garage with opener for added convenience! You'll LOVE that Buckhead East is known for its well-maintained homes, friendly neighbors, and a strong sense of community. Its also just minutes from one of the TOP schools in the countyplus neighborhood amenities like a POOL, playground, and green space make it even more appealing. This one checks ALL the boxesdont wait, time to make your move!

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