83 Spring Hill 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 83 Spring Hill Dr, Richmond Hill, GA, 31324 earns $89/mo cash flow from $3,194/mo rent with a $2,447/mo payment. Total monthly income totals $3,194/mo, and annual cash flow totals $1,064/yr on $165,750 capital. ROI tracks 20.55% on current figures, and rental yield reads 7.67% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 106.31% and total cumulative return in cash sums $176,204. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,194/mo property income instead of your personal income.
Single Family
Built in 2022
7,840 sqft lot
$N/A/sqft
$750 annually 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 |
|---|---|---|
| 2025-07-24 | Listed for sale | $500,000 |
| 2022-12-26 | Sold | $466,525 |
| 2022-06-13 | Pending sale | $466,575 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-25 | $2230.44 | -50.82% | $207,200 | 16.40% |
| 2023-07-25 | $4534.94 | N/A | $178,000 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2022
- Architectural Style: Traditional
- Building Area: 2,985
- Living Area: 2,985 sqft
- Property Condition: N/A
Features & Amenities
- Heating: N/A
- Cooling: N/A
- Flooring: N/A
- Interior Features: Entrance Foyer, Pantry, Split Bedroom, Eat-in Kitchen, Formal Dining Room
- Exterior Features: N/A
- Parking Features: Garage
Location
- City: Richmond Hill
- State: GA
- Subdivision: Buckhead East
- Lot Size: 7,840 sqft
- Lot Features: Sidewalk, Subdivision Recorded
- View: N/A
HOA & Fees
- HOA Fee: $750 annually
- Association Fee: $750 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Underground Utilities
- Sewer: N/A
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Juanita Lowery • Keller Williams Realty Coastal Area Partners
Mls Name: HABR
Mls ID: #161401
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.