59 Higginson DriveRichmond 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 59 Higginson Drive, Richmond Hill, GA, 31324 offers $4,206/mo rent that, after a $2,936/mo payment, leaves $555/mo cash flow. Total monthly income is $4,206/mo, and annual cash flow is $6,661/yr on $197,367 cash. Return on cash invested measures 23.44% in year one, and rental yield stands at 8.41% at a $599,900 entry. Equity gained on principal adds $3,871/yr while 5% annual appreciation compounds into $165,741 by year five. Five-year ROI records 121.6% and total cumulative return in cash reaches $239,992. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,206/mo property income versus a $2,936/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
9,583 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: Brooker Collins Sauers • Keller Williams Coastal Area P
Mls Name: Hive MLS
Mls ID: #SA342666