620 W 9th StRinconGA31326
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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 Rincon at 620 W 9th St, Rincon, GA, 31326 priced at $329,000 converts $2,224/mo rent into $222/mo cash flow after a $1,610/mo obligation. Total monthly income equals $2,224/mo, and annual cash flow totals $2,663/yr on $109,064 invested. Return on cash invested prints 22.35% in year one, and rental yield reads 8.11% against a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation compiles into $90,897 by year five. Five-year ROI reaches 115.79% and total cumulative return in cash sums $126,285. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,224/mo property income covering a $1,610/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31326, Rincon, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,152 (100%) |
| Owner Occupied HU | 6,880 (67.8%) |
| Renter Occupied HU | 2,791 (27.5%) |
| Vacant Housing Units | 481 ( 4.7%) |
| Median Home Value | $286,885 |
| Average Home Value | $303,895 |
Housing Distribution
Address Breakdown
Residential
9,676
Single Family
8,862
Multi-Family
814
Businesses
744
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Listed by: Kristen P. Bashlor Brown • Berkshire Hathaway Home Servic
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #329861
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.