41 Horizon LnRichmond 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 41 Horizon Ln, Richmond Hill, GA, 31324 offers a 11.47% rental yield on a $275,000 purchase with $2,628/mo rent. Total monthly income registers $2,628/mo, and a $1,346/mo payment leaves $954/mo available for distribution. Annual cash flow reaches $11,451/yr on $91,163 to close, and return on cash invested stands at 32.47% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 170.11% and total cumulative return in cash at $155,075. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,628/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2017
1,742 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: Lauren Blake Ellis • Weichert,REALTORS - Real Estate Professionals
Mls Name: HABR
Mls ID: #163768