32 Patton LaneRichmond 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
Investment property for sale in Richmond Hill at 32 Patton Lane, Richmond Hill, GA, 31324 at $450,000 posts ROI 21.23% with $165/mo cash flow from $2,904/mo rent. Total monthly income equals $2,904/mo, and annual cash flow records $1,977/yr on $149,175 to close. Return on cash invested measures 21.23% and rental yield reads 7.74% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 109.82% and total cumulative return in cash totals $163,818.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,904/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2009
9,147 sqft lot
$N/A/sqft
No HOA
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
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Listed by: Carin L. Behringer • Keller Williams Coastal Area P
Mls Name: Hive MLS
Mls ID: #SA345443