76 Nettleton LnRichmond 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
Rental property for sale in Richmond Hill at 76 Nettleton Ln, Richmond Hill, GA, 31324 offers $3,196/mo rent that, after a $2,153/mo payment, leaves $419/mo cash flow. Total monthly income is $3,196/mo, and annual cash flow is $5,025/yr on $145,827 cash. Return on cash invested measures 23.36% in year one, and rental yield stands at 8.72% at a $439,900 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,536 by year five. Five-year ROI records 121.48% and total cumulative return in cash reaches $177,147. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,196/mo property income versus a $2,153/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
8,712 sqft lot
$N/A/sqft
$300 quarterly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-02-04 | Price change | $439,900 |
| 2024-12-28 | Price change | $445,000 |
| 2024-10-17 | Listed for sale | $450,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $3600.16 | 902.02% | $137,760 | 818.40% |
| 2022-02-15 | $359.29 | -2.53% | $15,000 | N/A |
| 2021-02-15 | $368.61 | -1.27% | $15,000 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2022
- Architectural Style: Traditional
- Building Area: N/A
- Living Area: 2,114 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric, Heat Pump
- Cooling: Central Air, Electric, Heat Pump
- Flooring: N/A
- Interior Features: Breakfast Area, Ceiling Fan(s), Double Vanity, Garden Tub/Roman Tub, Kitchen Island, Main Level Primary, Primary Suite, Pantry, Pull Down Attic Stairs, Separate Shower
- Exterior Features: Covered Patio, Patio
- Parking Features: Attached, Golf Cart Garage, Garage Door Opener, Kitchen Level
Location
- City: Richmond Hill
- State: GA
- Subdivision: Magnolia Hill
- Lot Size: 8,712 sqft
- Lot Features: Back Yard, Private, Sprinkler System
- View: Trees/Woods
HOA & Fees
- HOA Fee: $300 quarterly
- Association Fee: $300 quarterly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Underground Utilities
- Sewer: Public Sewer
- Water Source: Shared Well
- Road Surface Type: Asphalt
School Information
- Elementary School: Frances Meeks
- Middle School: Richmond Hill
- High School: Richmond Hill
What's Special
Pull Down Stairs
Listed by: Christine Q. Durrence • Keller Williams Coastal Area P
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #320603
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.