1 Bakers XingSavannahGA31406
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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 Savannah at 1 Bakers Xing, Savannah, GA, 31406 priced at $279,000 converts $1,893/mo rent into $195/mo cash flow after a $1,366/mo obligation. Total monthly income equals $1,893/mo, and annual cash flow totals $2,334/yr on $92,489 invested. Return on cash invested prints 22.43% in year one, and rental yield reads 8.14% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 116.26% and total cumulative return in cash sums $107,527. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,893/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31406, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,448 (100%) |
| Owner Occupied HU | 8,553 (55.4%) |
| Renter Occupied HU | 5,731 (37.1%) |
| Vacant Housing Units | 1,164 ( 7.5%) |
| Median Home Value | $350,000 |
| Average Home Value | $435,829 |
Housing Distribution
Address Breakdown
Residential
15,268
Single Family
13,500
Multi-Family
1,768
Businesses
1,805
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