423 Monterey LoopRichmond 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
Rental property for sale in Richmond Hill at 423 Monterey Loop, Richmond Hill, GA, 31324 offers $2,915/mo rent that, after a $2,349/mo payment. Total monthly income is $2,915/mo. Return on cash invested measures 19.86% in year one, and rental yield stands at 7.29% at a $479,865 entry. Equity gained on principal adds $3,096/yr while 5% annual appreciation compounds into $132,578 by year five. Five-year ROI records 102.49% and total cumulative return in cash reaches $163,042. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,915/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,969 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: Jenny O'Brien • Pulte Realty of Georgia Inc
Mls Name: Hive MLS
Mls ID: #SA342519