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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Savannah at 128 Mercer Rd, Savannah, GA, 31411 earns $614/mo cash flow from $5,011/mo rent with a $3,372/mo payment. Total monthly income totals $5,011/mo, and annual cash flow totals $7,370/yr on $226,681 capital. ROI tracks 23.31% on current figures, and rental yield reads 8.73% at a $689,000 purchase. Equity gained on principal adds $4,446/yr, and 5% annual appreciation supports $190,358 over five years. Five-year ROI reaches 121.32% and total cumulative return in cash sums $275,010. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,011/mo property income instead of your personal income.
Single Family
Built in 1978
0.56 Acres lot
$N/A/sqft
$2,445 annually HOA
Neighborhood data shown for ZIP Code: 31411, Savannah, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,616 (100%) |
| Owner Occupied HU | 4,068 (88.1%) |
| Renter Occupied HU | 232 ( 5.0%) |
| Vacant Housing Units | 316 ( 6.8%) |
| Median Home Value | $724,395 |
| Average Home Value | $781,969 |
Residential
4,786
Single Family
4,508
Multi-Family
278
Businesses
74
Date | Event | Price |
|---|---|---|
| 2024-09-13 | Listed for sale | $689,000 |
| 2020-09-04 | Sold | $364,900 |
| 2020-07-24 | Listed for sale | $364,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $3099.06 | -13.35% | $206,920 | 23.02% |
| 2022-10-16 | $3576.64 | -1.49% | $168,200 | 32.36% |
| 2021-10-16 | $3630.74 | -8.24% | $127,080 | 19.39% |
What's Special
Pull Down Stairs
Listed by: Cathryn O. Budd • The Landings Company
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #319695
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.
