12 Cromwell PlSavannahGA31410
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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 Cromwell Pl, Savannah, GA, 31410 uses $69,615 cash to close to unlock $2,577/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $1,493/mo, and a $1,028/mo payment keeps the spread at $215/mo. Purchase price stands at $210,000, and rental yield measures 8.53% with $1,493/mo rent. Return on cash invested shows 23.61% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 122.55% and total cumulative return in cash records $85,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,493/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Condo
Built in 1982
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31410, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,695 (100%) |
| Owner Occupied HU | 7,687 (71.9%) |
| Renter Occupied HU | 2,314 (21.6%) |
| Vacant Housing Units | 694 ( 6.5%) |
| Median Home Value | $432,337 |
| Average Home Value | $541,043 |
Housing Distribution
Address Breakdown
Residential
10,766
Single Family
9,108
Multi-Family
1,658
Businesses
549
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