106 Spring Lakes 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
Investment property for sale in Savannah at 106 Spring Lakes Dr, Savannah, GA, 31407 at $340,000 posts ROI 25.69% with $543/mo cash flow from $2,612/mo rent. Total monthly income equals $2,612/mo, and annual cash flow records $6,514/yr on $112,710 to close. Return on cash invested measures 25.69% and rental yield reads 9.22% at the current $340,000. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 by year five. Five-year ROI prints 133.69% and total cumulative return in cash totals $150,678.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,612/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
5,662 sqft lot
$N/A/sqft
No 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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