10 Alfred StSavannahGA31408
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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 Savannah at 10 Alfred St, Savannah, GA, 31408 offers a 15.63% rental yield on a $372,500 purchase with $4,852/mo rent. Total monthly income registers $4,852/mo, and a $1,823/mo payment leaves $2,585/mo available for distribution. Annual cash flow reaches $31,021/yr on $123,484 to close, and return on cash invested stands at 45.03% in year one. Equity gained on principal adds $2,404/yr while 5% annual appreciation supports $102,915 over five years. Portfolio math shows five-year ROI at 237.45% and total cumulative return in cash at $293,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,852/mo property income against a $1,823/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31408, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,594 (100%) |
| Owner Occupied HU | 1,628 (35.4%) |
| Renter Occupied HU | 2,565 (55.8%) |
| Vacant Housing Units | 401 ( 8.7%) |
| Median Home Value | $222,954 |
| Average Home Value | $323,761 |
Housing Distribution
Address Breakdown
Residential
4,089
Single Family
3,627
Multi-Family
462
Businesses
878
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Listed by: Latasha M. Hall • Scott Realty Professionals
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #319215
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.