309 E 5th StRinconGA31326
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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 Rincon at 309 E 5th St, Rincon, GA, 31326 generates $2,731/mo in rent and, after a $1,860/mo payment, leaves $418/mo in cash flow. Total monthly income is $2,731/mo, and annual cash flow is $5,018/yr on $125,970 invested. Return on cash invested sits at 23.89% in year one, and rental yield is 8.62% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 124.11% and total cumulative return in cash sums $156,337. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,731/mo property income rather than buyer’s personal income.
Single Family
Built in 1936
6.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31326, Rincon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,152 (100%) |
| Owner Occupied HU | 6,880 (67.8%) |
| Renter Occupied HU | 2,791 (27.5%) |
| Vacant Housing Units | 481 ( 4.7%) |
| Median Home Value | $286,885 |
| Average Home Value | $303,895 |
Housing Distribution
Address Breakdown
Residential
9,676
Single Family
8,862
Multi-Family
814
Businesses
744
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Listed by: Matthew D. Lufburrow • Realty One Group Inclusion
Mls Name: Hive MLS
Mls Provider:
Mls ID: #SA330683
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.