106 Radick DrSavannahGA31406
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 106 Radick Dr, Savannah, GA, 31406 priced at $650,000 converts $5,011/mo rent into $939/mo cash flow after a $3,181/mo obligation. Total monthly income equals $5,011/mo, and annual cash flow totals $11,265/yr on $213,850 invested. Return on cash invested prints 25.33% in year one, and rental yield reads 9.25% against a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,583 by year five. Five-year ROI reaches 131.96% and total cumulative return in cash sums $282,206. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,011/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.56 Acres lot
$N/A/sqft
$1,400 annually 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: Mertha Maddox • ERA Evergreen Real Estate
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #322329
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.