124 Chippewa DrSavannahGA31406
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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 124 Chippewa Dr, Savannah, GA, 31406 earns $220/mo cash flow from $1,437/mo rent with a $979/mo payment. Total monthly income totals $1,437/mo, and annual cash flow totals $2,636/yr on $66,300 capital. ROI tracks 23.88% on current figures, and rental yield reads 8.62% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 124.03% and total cumulative return in cash sums $82,232. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,437/mo property income instead of your personal income.
Single Family
Built in 1957
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31406, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,448 (100%) |
| Owner Occupied HU | 8,553 (55.4%) |
| Renter Occupied HU | 5,731 (37.1%) |
| Vacant Housing Units | 1,164 ( 7.5%) |
| Median Home Value | $350,000 |
| Average Home Value | $435,829 |
Housing Distribution
Address Breakdown
Residential
15,268
Single Family
13,500
Multi-Family
1,768
Businesses
1,805
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Listed by: Christopher Abramoski • Keller Williams Coastal Area P
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #325892
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.