12 Cove CtSavannahGA31419
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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 12 Cove Ct, Savannah, GA, 31419 uses $115,992 cash to close to unlock $4,776/yr annual cash flow and $398/mo monthly cash flow. Total monthly income runs $2,528/mo, and a $1,713/mo payment keeps the spread at $398/mo. Purchase price stands at $349,900, and rental yield measures 8.67% with $2,528/mo rent. Return on cash invested shows 24.03% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 124.82% and total cumulative return in cash records $144,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,528/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.31 Acres lot
$N/A/sqft
No 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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