126 Goebel AveSavannahGA31404
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 126 Goebel Ave, Savannah, GA, 31404 in Savannah speaks for itself: 10.88% gross on a $299,900 price, generating $2,719/mo in rent and $894/mo in net income after the $1,349/mo debt service. DSCR 2.02, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,725 stacks alongside $82,857 in projected five-year appreciation and $2,762/yr in principal reduction. Projected total cumulative return: $171,091.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.5% |
| Monthly Cash Flow | $894 | $285 |
City averages based on Savannah market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,719 |
| Total Monthly Debt Service | $1,706 |
| DSCR Ratio | 1.59x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1948
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31404, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,242 (100%) |
| Owner Occupied HU | 6,061 (42.6%) |
| Renter Occupied HU | 6,816 (47.9%) |
| Vacant Housing Units | 1,365 ( 9.6%) |
| Median Home Value | $242,048 |
| Average Home Value | $317,441 |
Housing Distribution
Address Breakdown
Residential
13,480
Single Family
12,453
Multi-Family
1,027
Businesses
777
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
Single Family
Built in 1948
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31404, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,242 (100%) |
| Owner Occupied HU | 6,061 (42.6%) |
| Renter Occupied HU | 6,816 (47.9%) |
| Vacant Housing Units | 1,365 ( 9.6%) |
| Median Home Value | $242,048 |
| Average Home Value | $317,441 |
Housing Distribution
Address Breakdown
Residential
13,480
Single Family
12,453
Multi-Family
1,027
Businesses
777
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alicia D. Novak • ERA Southeast Coastal
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #329679
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.