1159 Mohawk St UNIT B-1SavannahGA31419
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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 1159 Mohawk St UNIT B-1, Savannah, GA, 31419 uses $89,472 cash to close to unlock $2,848/yr annual cash flow and $237/mo monthly cash flow. Total monthly income runs $2,000/mo, and a $1,321/mo payment keeps the spread at $237/mo. Purchase price stands at $269,900, and rental yield measures 8.89% with $2,000/mo rent. Return on cash invested shows 23.09% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 120.38% and total cumulative return in cash records $107,706. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,000/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Townhouse
Built in 2000
1,873 sqft lot
$N/A/sqft
$120 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: Christina L. McIntosh • McIntosh Realty Team LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #322725
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.