Gwinnett Plan, LonadineSpringfieldGA31329
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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 Springfield at Gwinnett Plan, Lonadine, Springfield, GA, 31329 offers a 11.66% rental yield on a $303,700 purchase with $2,952/mo rent. Total monthly income registers $2,952/mo, and a $1,486/mo payment leaves $1,104/mo available for distribution. Annual cash flow reaches $13,249/yr on $100,677 to close, and return on cash invested stands at 33.07% in year one. Equity gained on principal adds $1,960/yr while 5% annual appreciation supports $83,907 over five years. Portfolio math shows five-year ROI at 173.31% and total cumulative return in cash at $174,478. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,952/mo property income against a $1,486/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31329, Springfield, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,393 (100%) |
| Owner Occupied HU | 3,218 (73.3%) |
| Renter Occupied HU | 906 (20.6%) |
| Vacant Housing Units | 269 ( 6.1%) |
| Median Home Value | $279,257 |
| Average Home Value | $294,037 |
Housing Distribution
Address Breakdown
Residential
3,781
Single Family
3,781
Multi-Family
0
Businesses
289
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Listed by: Kristen Woods • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A