1502 Grove StSavannahGA31401
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
Investment Highlights
Rental property for sale in Savannah at 1502 Grove St, Savannah, GA, 31401 generates $2,114/mo in rent and, after a $1,297/mo payment, leaves $501/mo in cash flow. Total monthly income is $2,114/mo, and annual cash flow is $6,015/yr on $87,848 invested. Return on cash invested sits at 26.76% in year one, and rental yield is 9.57% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 139.47% and total cumulative return in cash sums $122,523. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,114/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
3,179 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chelsea Phillips • Six Bricks LLC
Mls Name: Hive MLS
Mls Provider:
Mls ID: #325500
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.