10 Reed Grass LaneSavannahGA31405
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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 10 Reed Grass Lane, Savannah, GA, 31405 priced at $999,000 converts $3,222/mo rent into after a $4,890/mo obligation. Total monthly income equals $3,222/mo. Return on cash invested prints 9.62% in year one, and rental yield reads 3.87% against a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation compiles into $276,005 by year five. Five-year ROI reaches 47.52% and total cumulative return in cash sums $156,170. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,222/mo property income covering a $4,890/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31405, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,515 (100%) |
| Owner Occupied HU | 8,413 (50.9%) |
| Renter Occupied HU | 6,317 (38.3%) |
| Vacant Housing Units | 1,785 (10.8%) |
| Median Home Value | $345,549 |
| Average Home Value | $390,200 |
Housing Distribution
Address Breakdown
Residential
17,218
Single Family
13,960
Multi-Family
3,258
Businesses
1,735
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