1513 Lovell AveTybee IslandGA31328
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 Tybee Island at 1513 Lovell Ave, Tybee Island, GA, 31328 offers $3,494/mo rent that, after a $3,939/mo payment. Total monthly income is $3,494/mo. Return on cash invested measures 13.16% in year one, and rental yield stands at 5.21% at a $804,800 entry. Equity gained on principal adds $5,193/yr while 5% annual appreciation compounds into $222,351 by year five. Five-year ROI records 66.68% and total cumulative return in cash reaches $176,547. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,494/mo property income versus a $3,939/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
4,739 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31328, Tybee Island, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,098 (100%) |
| Owner Occupied HU | 1,306 (42.2%) |
| Renter Occupied HU | 317 (10.2%) |
| Vacant Housing Units | 1,475 (47.6%) |
| Median Home Value | $605,556 |
| Average Home Value | $673,654 |
Housing Distribution
Address Breakdown
Residential
987
Single Family
987
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A