97 Beecher DriveRichmond 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 97 Beecher Drive, Richmond Hill, GA, 31324 generates $3,701/mo in rent and, after a $2,398/mo payment, leaves $565/mo in cash flow. Total monthly income is $3,701/mo, and annual cash flow is $6,777/yr on $162,435 invested. Return on cash invested sits at 24.08% in year one, and rental yield is 9.06% on a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 125.49% and total cumulative return in cash sums $203,844. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,701/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
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 |
|---|---|---|
| 2025-09-17 | Listing removed | $499,999 |
| 2025-09-15 | Listed for sale | $499,999 |
| 2025-09-12 | Sold | $490,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $4718.56 | 12.58% | $190,040 | 16.45% |
| 2023-10-21 | $4191.14 | 3.92% | $163,200 | 7.59% |
| 2022-10-21 | $4033.04 | 14.29% | $151,680 | 19.13% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2019
- Architectural Style: Traditional
- Building Area: N/A
- Living Area: 3,062 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: N/A
- Interior Features: Breakfast Bar, Breakfast Area, Double Vanity, Garden Tub/Roman Tub, Kitchen Island, Main Level Primary, Pantry, Separate Shower
- Exterior Features: Fire Pit
- Parking Features: Attached, Garage Door Opener
Location
- City: Richmond Hill
- State: GA
- Subdivision: Magnolia Hill
- Lot Size: 8,712 sqft
- Lot Features: N/A
- 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: Public
- Road Surface Type: Asphalt
School Information
- Elementary School: FME
- Middle School: RHMS
- High School: RHHS
Listed by: William A. Gaines • Coldwell Banker Access Realty
Mls Name: Hive MLS
Mls Provider:
Mls ID: #SA334787
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2025-10-17 12:20:34 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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. 2025-10-17 12:20:34 PDT Hive MLS