Belfast River Rd #TMPAL3, Richmond Hill, GA, 31324 | $578/mo Cash Flow

Off market

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Richmond Hill at Belfast River Rd #TMPAL3, Richmond Hill, GA, 31324 uses $150,634 cash to close to unlock $6,930/yr annual cash flow and $578/mo monthly cash flow. Total monthly income runs $3,343/mo, and a $2,224/mo payment keeps the spread at $578/mo. Purchase price stands at $454,400, and rental yield measures 8.83% with $3,343/mo rent. Return on cash invested shows 24.51% in year one, and 5% annual appreciation builds toward $125,542 over five years. Five-year ROI reaches 127.38% and total cumulative return in cash records $191,875. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,343/mo property income covering a $2,224/mo payment rather than investor’s personal income.

Single Family

Built in 2023

N/A lot

$N/A/sqft

No HOA

More details about the property

*Ernest Homes brand new Sherwood floor plan! 4/2.5 with large loft space up. 2,234 sq. ft. of air conditioned space. *Pic's are of a previously built Sherwood. Pond view in the back yard. Come experience our quality of construction and open floor plan. Beautiful open kitchen with granite counter tops with upgraded 42" upper cabinets. Large kitchen island and stainless kitchen appliances. Master bath equipped with dual vanity and large shower. Spacious master bedroom on first floor. 1st floor office space. *Spray foam insulation. *

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