310 Mockingbird DrSpringfieldGA31329
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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 Springfield at 310 Mockingbird Dr, Springfield, GA, 31329 offers a 8.51% rental yield on a $214,800 purchase with $1,523/mo rent. Total monthly income registers $1,523/mo, and a $1,051/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,592/yr on $71,206 to close, and return on cash invested stands at 23.55% in year one. Equity gained on principal adds $1,386/yr while 5% annual appreciation supports $59,345 over five years. Portfolio math shows five-year ROI at 122.3% and total cumulative return in cash at $87,083. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,523/mo property income against a $1,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31329, Springfield, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,393 (100%) |
| Owner Occupied HU | 3,218 (73.3%) |
| Renter Occupied HU | 906 (20.6%) |
| Vacant Housing Units | 269 ( 6.1%) |
| Median Home Value | $279,257 |
| Average Home Value | $294,037 |
Housing Distribution
Address Breakdown
Residential
3,781
Single Family
3,781
Multi-Family
0
Businesses
289
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Listed by: Michael P. Minard • Rawls Realty
Mls Name: Hive MLS
Mls ID: #SA335374