997 Young WayRichmond 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 997 Young Way, Richmond Hill, GA, 31324 uses $157,463 cash to close to unlock $2,136/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $3,124/mo, and a $2,325/mo payment keeps the spread at $178/mo. Purchase price stands at $475,000, and rental yield measures 7.89% with $3,124/mo rent. Return on cash invested shows 21.27% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 110.16% and total cumulative return in cash records $173,467. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,124/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 2009
9,583 sqft lot
$N/A/sqft
$450 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: Kristen Redding • McIntosh Realty Team LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #325532
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.