331 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 331 Mockingbird Dr, Springfield, GA, 31329 earns $1,369/mo cash flow from $2,519/mo rent with a $925/mo payment. Total monthly income totals $2,519/mo, and annual cash flow totals $16,427/yr on $62,620 capital. ROI tracks 46.14% on current figures, and rental yield reads 16% at a $188,900 purchase. Equity gained on principal adds $1,219/yr, and 5% annual appreciation supports $52,190 over five years. Five-year ROI reaches 243.38% and total cumulative return in cash sums $152,403. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,519/mo property income instead of your personal income.
Manufactured
Built in 2000
0.60 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: Melissa Thurston • Summit Homes & Land, LLC
Mls Name: Hive MLS
Mls ID: #SA336258