10 Alfred StSavannahGA31408
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
Rental property for sale in Savannah at 10 Alfred St, Savannah, GA, 31408 priced at $372,500 converts $4,139/mo rent into $1,863/mo cash flow after a $1,823/mo obligation. Total monthly income equals $4,139/mo, and annual cash flow totals $22,353/yr on $123,484 invested. Return on cash invested prints 38.01% in year one, and rental yield reads 13.33% against a $372,500 entry. Equity gained on principal adds $2,404/yr, while 5% annual appreciation compiles into $102,915 by year five. Five-year ROI reaches 199.82% and total cumulative return in cash sums $246,742. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,139/mo property income covering a $1,823/mo payment, not borrower’s personal income.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.