115 Orkney RdSavannahGA31407
Nearby investment properties with comparable rents
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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 115 Orkney Rd, Savannah, GA, 31407 priced at $275,000 converts $1,893/mo rent into $40/mo cash flow after a $1,346/mo obligation. Total monthly income equals $1,893/mo, and annual cash flow totals $483/yr on $91,163 invested. Return on cash invested prints 20.44% in year one, and rental yield reads 8.26% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 106.44% and total cumulative return in cash sums $97,031. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,893/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Townhouse
Built in 2007
2,178 sqft lot
$N/A/sqft
$179 monthly 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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Listed by: Corinne Brown • Corcoran Austin Hill Realty
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #SA331417
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.