104 Oyster Shell Rd #5ESavannahGA31410
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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 104 Oyster Shell Rd #5E, Savannah, GA, 31410 uses $76,079 cash to close to unlock $6,870/yr annual cash flow and $573/mo monthly cash flow. Total monthly income runs $2,269/mo, and a $1,123/mo payment keeps the spread at $573/mo. Purchase price stands at $229,500, and rental yield measures 11.86% with $2,269/mo rent. Return on cash invested shows 28.94% in year one, and 5% annual appreciation builds toward $63,407 over five years. Five-year ROI reaches 152.88% and total cumulative return in cash records $116,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,269/mo property income covering a $1,123/mo payment rather than investor’s personal income.
Condo
Built in 1986
871.20 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31410, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,695 (100%) |
| Owner Occupied HU | 7,687 (71.9%) |
| Renter Occupied HU | 2,314 (21.6%) |
| Vacant Housing Units | 694 ( 6.5%) |
| Median Home Value | $432,337 |
| Average Home Value | $541,043 |
Housing Distribution
Address Breakdown
Residential
10,766
Single Family
9,108
Multi-Family
1,658
Businesses
549
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Listed by: Kimberly A. Allen • Rawls Realty
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #319394
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.