614 Savannah RdRichmond 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 614 Savannah Rd, Richmond Hill, GA, 31324 generates $3,596/mo in rent, after a $3,622/mo payment. Total monthly income is $3,596/mo. Return on cash invested sits at 15.17% in year one, and rental yield is 5.83% on a $740,000 entry. Equity gained on principal adds $4,775/yr, while 5% annual appreciation builds toward $204,448 over five years. Five-year ROI reaches 77.43% and total cumulative return in cash sums $188,506. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,596/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
1.13 Acres lot
$N/A/sqft
$1,000 annually HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-26 | Listed for sale | $740,000 |
| 2025-06-25 | Listing removed | $799,500 |
| 2025-04-17 | Price change | $799,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $5839.47 | 8.44% | $249,080 | 10.96% |
| 2023-06-27 | $5384.87 | 22.06% | $224,480 | 34.03% |
| 2022-06-27 | $4411.48 | 11.59% | $167,480 | 15.82% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2014
- Architectural Style: Traditional
- Building Area: N/A
- Living Area: 2,550 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Heat Pump
- Cooling: Central Air, Electric
- Flooring: N/A
- Interior Features: Breakfast Area, Bathtub, Kitchen Island, Separate Shower, Vanity
- Exterior Features: Porch
- Parking Features: Garage Door Opener
Location
- City: Richmond Hill
- State: GA
- Subdivision: The Bluffs
- Lot Size: 1.13 Acres
- Lot Features: N/A
- View: Trees/Woods
HOA & Fees
- HOA Fee: $1,000 annually
- Association Fee: $1,000 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Available
- Sewer: Septic Tank
- Water Source: Public
- Road Surface Type: Asphalt
School Information
- Elementary School: Frances Meeks
- Middle School: Richmond Hill
- High School: Richmond Hill
Listed by: Ashley Johnson • eXp Realty LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #SA333246
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.