45 Horizon LnRichmond HillGA31324
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
Rental property for sale in Richmond Hill at 45 Horizon Ln, Richmond Hill, GA, 31324 priced at $275,900 pairs $2,377/mo rent with $567/mo cash flow after a $1,350/mo payment. Total monthly income equals $2,377/mo, and annual cash flow comes to $6,810/yr on $91,461 invested. Return on cash invested is 27.35% in year one, and rental yield stands at 10.34% on a $275,900 basis. Equity gained on principal adds $1,780/yr, and 5% annual appreciation accumulates to $76,226 by year five. Five-year ROI measures 143.27% and total cumulative return in cash reaches $131,033. For financing, Ziffy Mortgage’s DSCR program evaluates $2,377/mo property income against a $1,350/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2017
8,712 sqft lot
$N/A/sqft
$275 quarterly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MELANIE KRAMER • KELLER WILLIAMS REALTY COASTAL AREA PARTNERS
Mls Name: HABR
Mls ID: #163365
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.