70 Bowridge DrRichmond 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
Investment property for sale in Richmond Hill at 70 Bowridge Dr, Richmond Hill, GA, 31324 with 5% annual appreciation on a $435,000 basis while $2,995/mo rent supports operations. Total monthly income totals $2,995/mo and a $2,129/mo payment preserves $276/mo for cash returns. Annual cash flow comes to $3,315/yr on $144,203 deployed, and return on cash invested reaches 22.21% in year one. Equity gained on principal adds $2,807/yr, and five-year appreciation sums $120,182 alongside rental yield of 8.26%. Five-year ROI measures 115.27% and total cumulative return in cash totals $166,224.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,995/mo property income versus a $2,129/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2016
0.35 Acres lot
$N/A/sqft
$700 annually 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: Christa G. Pittman • Re/Max Accent
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #SA330460
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.