12 Spring Lake CircleSavannahGA31407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 12 Spring Lake Circle, Savannah, GA, 31407 priced at $305,000 pairs $2,634/mo rent with $778/mo cash flow after a $1,493/mo payment. Total monthly income equals $2,634/mo, and annual cash flow comes to $9,330/yr on $101,108 invested. Return on cash invested is 29.14% in year one, and rental yield stands at 10.36% on a $305,000 basis. Equity gained on principal adds $1,968/yr, and 5% annual appreciation accumulates to $84,266 by year five. Five-year ROI measures 152.21% and total cumulative return in cash reaches $153,898. For financing, Ziffy Mortgage’s DSCR program evaluates $2,634/mo property income against a $1,493/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31407, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,043 (100%) |
| Owner Occupied HU | 4,529 (41.0%) |
| Renter Occupied HU | 5,426 (49.1%) |
| Vacant Housing Units | 1,088 ( 9.9%) |
| Median Home Value | $294,400 |
| Average Home Value | $335,171 |
Housing Distribution
Address Breakdown
Residential
11,046
Single Family
8,528
Multi-Family
2,518
Businesses
314
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices