117 Lincoln St APT 5ASavannahGA31401
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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 117 Lincoln St APT 5A, Savannah, GA, 31401 generates $2,620/mo in rent, after a $3,181/mo payment. Total monthly income is $2,620/mo. Return on cash invested sits at 10.88% in year one, and rental yield is 4.84% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 54.89% and total cumulative return in cash sums $117,386. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,620/mo property income rather than buyer’s personal income.
Condo
Built in 1910
435.60 sqft lot
$N/A/sqft
$300 monthly HOA
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Listed by: Courtney Ganem • Ganem Realty LLC
Mls Name: Hive MLS
Mls Provider:
Mls ID: #SA334603
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