114 Slate CirSavannahGA31419
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 114 Slate Cir, Savannah, GA, 31419 priced at $252,000 pairs $2,520/mo rent with $794/mo cash flow after a $1,233/mo payment. Total monthly income equals $2,520/mo, and annual cash flow comes to $9,524/yr on $83,538 invested. Return on cash invested is 31.31% in year one, and rental yield stands at 12% on a $252,000 basis. Equity gained on principal adds $1,626/yr, and 5% annual appreciation accumulates to $69,623 by year five. Five-year ROI measures 164.85% and total cumulative return in cash reaches $137,714. For financing, Ziffy Mortgage’s DSCR program evaluates $2,520/mo property income against a $1,233/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2003
1,306 sqft lot
$N/A/sqft
$193 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31419, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,783 (100%) |
| Owner Occupied HU | 13,417 (52.0%) |
| Renter Occupied HU | 10,374 (40.2%) |
| Vacant Housing Units | 1,992 ( 7.7%) |
| Median Home Value | $319,085 |
| Average Home Value | $370,915 |
Housing Distribution
Address Breakdown
Residential
24,536
Single Family
18,502
Multi-Family
6,034
Businesses
756
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Listed by: Jane Beare • Keller Williams Coastal Area P
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #317250
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.