621 Lee RdHinesvilleGA31313
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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 Hinesville at 621 Lee Rd, Hinesville, GA, 31313 generates $3,259/mo in rent and, after a $1,273/mo payment, leaves $1,676/mo in cash flow. Total monthly income is $3,259/mo, and annual cash flow is $20,114/yr on $86,189 invested. Return on cash invested sits at 43.25% in year one, and rental yield is 15.04% on a $259,997 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,832 over five years. Five-year ROI reaches 227.9% and total cumulative return in cash sums $196,421. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,259/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.40 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 31313, Hinesville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,425 (100%) |
| Owner Occupied HU | 8,353 (45.3%) |
| Renter Occupied HU | 8,185 (44.4%) |
| Vacant Housing Units | 1,887 (10.2%) |
| Median Home Value | $197,119 |
| Average Home Value | $222,755 |
Housing Distribution
Address Breakdown
Residential
18,132
Single Family
17,348
Multi-Family
784
Businesses
985
Price History
Date | Event | Price |
|---|---|---|
| 2024-09-13 | Price change | $249,999 |
| 2024-09-13 | Price change | $259,997 |
| 2024-09-11 | Price change | $259,998 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2017-09-15 | $918.25 | -28.46% | $27,885 | -1.35% |
| 2016-09-15 | $1283.46 | -6.01% | $28,267 | N/A |
| 2015-09-15 | $1365.59 | N/A | $28,267 | -5.08% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1971
- Architectural Style: Traditional
- Building Area: 1,820
- Living Area: 1,820 sqft
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: Dining/Kitchen Combo
- Exterior Features: N/A
- Parking Features: N/A
Location
- City: Hinesville
- State: GA
- Subdivision: None
- Lot Size: 0.40 Acres
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Available, Electricity Connected
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Justin Webb • Remax All American Realty
Mls Name: HABR
Mls ID: #155485
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.