129 Spoonbill CirSavannahGA31405
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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 129 Spoonbill Cir, Savannah, GA, 31405 uses $114,368 cash to close to unlock $18,037/yr annual cash flow and $1,503/mo monthly cash flow. Total monthly income runs $3,732/mo, and a $1,689/mo payment keeps the spread at $1,503/mo. Purchase price stands at $345,000, and rental yield measures 12.98% with $3,732/mo rent. Return on cash invested shows 35.68% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 187.82% and total cumulative return in cash records $214,804. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,732/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 2017
6,969 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31405, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,515 (100%) |
| Owner Occupied HU | 8,413 (50.9%) |
| Renter Occupied HU | 6,317 (38.3%) |
| Vacant Housing Units | 1,785 (10.8%) |
| Median Home Value | $345,549 |
| Average Home Value | $390,200 |
Housing Distribution
Address Breakdown
Residential
17,218
Single Family
13,960
Multi-Family
3,258
Businesses
1,735
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Listed by: Teresa H. Cowart • Re/Max Accent
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #316457
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.