12300 Apache Ave APT 1517SavannahGA31419
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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 12300 Apache Ave APT 1517, Savannah, GA, 31419 uses $49,029 cash to close to unlock $4,611/yr annual cash flow and $384/mo monthly cash flow. Total monthly income runs $1,720/mo, and a $724/mo payment keeps the spread at $384/mo. Purchase price stands at $147,900, and rental yield measures 13.96% with $1,720/mo rent. Return on cash invested shows 29.31% in year one, and 5% annual appreciation builds toward $40,862 over five years. Five-year ROI reaches 157.1% and total cumulative return in cash records $77,023. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,720/mo property income covering a $724/mo payment rather than investor’s personal income.
Condo
Built in 1995
435.60 sqft lot
$N/A/sqft
$420 monthly 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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Listed by: Kathy D. Fairchild • ERA Southeast Coastal
Mls Name: Hive MLS
Mls Provider:
Mls ID: #313639
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.