106 Gilliam AveSavannahGA31406
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 106 Gilliam Ave, Savannah, GA, 31406 in Savannah. At $225,000 it earns $2,105/mo in rent and distributes $432/mo to the owner after the $1,012/mo payment, a consistent 9.19% yield. DSCR 2.08 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $62,163 in value; $2,072/yr in principal paydown compounds ownership stake. Total projected return: $132,552.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $432 | $285 |
City averages based on Savannah market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,105 |
| Total Monthly Debt Service | $1,280 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1955
7,405 sqft 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
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
Single Family
Built in 1955
7,405 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary H. Smith • Keller Williams Coastal Area P
Mls Name: Hive MLS
Mls Provider:
Mls ID: #330186
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.