388 Meloney DriveHinesvilleGA31313
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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 Hinesville at 388 Meloney Drive, Hinesville, GA, 31313 priced at $288,500 pairs $1,915/mo rent with $159/mo cash flow after a $1,412/mo payment. Total monthly income equals $1,915/mo, and annual cash flow comes to $1,910/yr on $95,638 invested. Return on cash invested is 21.91% in year one, and rental yield stands at 7.97% on a $288,500 basis. Equity gained on principal adds $1,862/yr, and 5% annual appreciation accumulates to $79,707 by year five. Five-year ROI measures 113.45% and total cumulative return in cash reaches $108,505. For financing, Ziffy Mortgage’s DSCR program evaluates $1,915/mo property income against a $1,412/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31313, Hinesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,425 (100%) |
| Owner Occupied HU | 8,353 (45.3%) |
| Renter Occupied HU | 8,185 (44.4%) |
| Vacant Housing Units | 1,887 (10.2%) |
| Median Home Value | $197,119 |
| Average Home Value | $222,755 |
Housing Distribution
Address Breakdown
Residential
18,132
Single Family
17,348
Multi-Family
784
Businesses
985
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Listed by: Sharon E. Black • Sharon Black Realty
Mls Name: Hive MLS
Mls ID: #SA345730