106 Lakepointe DrSavannahGA31407
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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 106 Lakepointe Dr, Savannah, GA, 31407 generates $2,981/mo in rent and, after a $1,640/mo payment, leaves $857/mo in cash flow. Total monthly income is $2,981/mo, and annual cash flow is $10,279/yr on $111,053 invested. Return on cash invested sits at 29.17% in year one, and rental yield is 10.68% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 152.68% and total cumulative return in cash sums $169,556. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,981/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
6,969 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31407, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,043 (100%) |
| Owner Occupied HU | 4,529 (41.0%) |
| Renter Occupied HU | 5,426 (49.1%) |
| Vacant Housing Units | 1,088 ( 9.9%) |
| Median Home Value | $294,400 |
| Average Home Value | $335,171 |
Housing Distribution
Address Breakdown
Residential
11,046
Single Family
8,528
Multi-Family
2,518
Businesses
314
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Listed by: Tyler Lott • Silver Moss Home Services LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #329709
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.