576 Silk Hope DrRichmond 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 576 Silk Hope Dr, Richmond Hill, GA, 31324 priced at $1,499,000 pairs $3,247/mo rent with after a $7,337/mo payment. Total monthly income equals $3,247/mo. Return on cash invested is -3.3% in year one, and rental yield stands at 2.6% on a $1,499,000 basis. Equity gained on principal adds $9,673/yr, and 5% annual appreciation accumulates to $414,146 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $3,247/mo property income against a $7,337/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.60 Acres lot
$N/A/sqft
$44,430 annually 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: Jennie Kushner • Ansley Real Estate
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #320484
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.