109 E Park Ave APT CSavannahGA31401
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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 109 E Park Ave APT C, Savannah, GA, 31401 priced at $488,000 converts $2,228/mo rent into after a $2,389/mo obligation. Total monthly income equals $2,228/mo. Return on cash invested prints 13.24% in year one, and rental yield reads 5.48% against a $488,000 entry. Equity gained on principal adds $3,149/yr, while 5% annual appreciation compiles into $134,825 by year five. Five-year ROI reaches 67.36% and total cumulative return in cash sums $108,968. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,228/mo property income covering a $2,389/mo payment, not borrower’s personal income.
Condo
Built in 1890
435.60 sqft lot
$N/A/sqft
$470 quarterly HOA
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Listed by: Richard Sturgess • Savannah Realty
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #311726
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