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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Richmond Hill at 688 Young Way, Richmond Hill, GA, 31324 priced at $369,900 converts $2,496/mo rent into $161/mo cash flow after a $1,810/mo obligation. Total monthly income equals $2,496/mo, and annual cash flow totals $1,938/yr on $122,622 invested. Return on cash invested prints 21.49% in year one, and rental yield reads 8.1% against a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,197 by year five. Five-year ROI reaches 111.48% and total cumulative return in cash sums $136,702. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,496/mo property income covering a $1,810/mo payment, not borrower’s personal income.
Single Family
Built in 2001
8,276 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood data shown for ZIP Code: 31324, Richmond Hill, GA area.
| 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 |
Residential
13,778
Single Family
12,700
Multi-Family
1,078
Businesses
1,015
Date | Event | Price |
|---|---|---|
| 2025-05-22 | Listed for sale | $369,900 |
| 2022-09-21 | Sold | $315,000 |
| 2022-08-29 | Price change | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-23 | $3626.68 | 12.86% | $135,480 | 15.36% |
| 2023-05-23 | $3213.39 | 32.68% | $117,440 | 36.18% |
| 2022-05-23 | $2421.96 | 6.48% | $86,240 | 8.83% |
What's Special
Pull Down Stairs
Listed by: Tracie S. Tomlinson • McIntosh Realty Team LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #SA331413
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.
