318 Grist Mill CtRinconGA31326
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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 Rincon at 318 Grist Mill Ct, Rincon, GA, 31326 earns $283/mo cash flow from $2,748/mo rent with a $1,982/mo payment. Total monthly income totals $2,748/mo, and annual cash flow totals $3,400/yr on $134,258 capital. ROI tracks 22.44% on current figures, and rental yield reads 8.14% at a $405,000 purchase. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 over five years. Five-year ROI reaches 116.3% and total cumulative return in cash sums $156,146. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,748/mo property income instead of your personal income.
Single Family
Built in 2004
0.52 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: Thomasina F. Coile • Keller Williams Coastal Area P
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #321173
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.