412 Middleground RdRinconGA31326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 412 Middleground Rd, Rincon, GA, 31326 uses $82,842 cash to close to unlock $2,930/yr annual cash flow and $244/mo monthly cash flow. Total monthly income runs $1,765/mo, and a $1,223/mo payment keeps the spread at $244/mo. Purchase price stands at $249,900, and rental yield measures 8.48% with $1,765/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 121.72% and total cumulative return in cash records $100,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,765/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.54 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheri L. Brown Hall • Keller Williams Coastal Area P
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #328969
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.