Lancaster Plan, LonadineSpringfieldGA31329
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lancaster Plan, Lonadine, Springfield, GA, 31329 earns $1,006/mo cash flow from $2,952/mo rent with a $1,565/mo payment. Total monthly income totals $2,952/mo, and annual cash flow totals $12,072/yr on $105,981 capital. ROI tracks 31.3% on current figures, and rental yield reads 11.08% at a $319,700 purchase. Equity gained on principal adds $2,063/yr, and 5% annual appreciation supports $88,327 over five years. Five-year ROI reaches 163.82% and total cumulative return in cash sums $173,621. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,952/mo property income instead of your personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristen Woods • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A