706 Lexington AveRinconGA31326
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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 Rincon at 706 Lexington Ave, Rincon, GA, 31326 uses $61,328 cash to close to unlock $4,782/yr annual cash flow and $399/mo monthly cash flow. Total monthly income runs $1,524/mo, and a $905/mo payment keeps the spread at $399/mo. Purchase price stands at $185,000, and rental yield measures 9.89% with $1,524/mo rent. Return on cash invested shows 27.71% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 144.57% and total cumulative return in cash records $88,659. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,524/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.46 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: Kimberly S. Stalnaker • Sherman & Hemstreet Southern G
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #328685
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.