11 Morningside DriveSavannahGA31410
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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 11 Morningside Drive, Savannah, GA, 31410 generates $3,762/mo in rent, after a $3,030/mo payment. Total monthly income is $3,762/mo. Return on cash invested sits at 20.03% in year one, and rental yield is 7.29% on a $619,000 entry. Equity gained on principal adds $3,994/yr, while 5% annual appreciation builds toward $171,018 over five years. Five-year ROI reaches 103.32% and total cumulative return in cash sums $210,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,762/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31410, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,695 (100%) |
| Owner Occupied HU | 7,687 (71.9%) |
| Renter Occupied HU | 2,314 (21.6%) |
| Vacant Housing Units | 694 ( 6.5%) |
| Median Home Value | $432,337 |
| Average Home Value | $541,043 |
Housing Distribution
Address Breakdown
Residential
10,766
Single Family
9,108
Multi-Family
1,658
Businesses
549
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