119 Saltwater WaySavannahGA31411
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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 119 Saltwater Way, Savannah, GA, 31411 generates $4,242/mo in rent, after a $4,037/mo payment. Total monthly income is $4,242/mo. Return on cash invested sits at 16.62% in year one, and rental yield is 6.17% on a $824,900 entry. Equity gained on principal adds $5,323/yr, while 5% annual appreciation builds toward $227,905 over five years. Five-year ROI reaches 85.02% and total cumulative return in cash sums $230,749. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,242/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31411, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,616 (100%) |
| Owner Occupied HU | 4,068 (88.1%) |
| Renter Occupied HU | 232 ( 5.0%) |
| Vacant Housing Units | 316 ( 6.8%) |
| Median Home Value | $724,395 |
| Average Home Value | $781,969 |
Housing Distribution
Address Breakdown
Residential
4,786
Single Family
4,508
Multi-Family
278
Businesses
74
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