1516 Ware StSavannahGA31401
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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 1516 Ware St, Savannah, GA, 31401 offers a 10.03% rental yield on a $295,000 purchase with $2,466/mo rent. Total monthly income registers $2,466/mo, and a $1,444/mo payment leaves $670/mo available for distribution. Annual cash flow reaches $8,046/yr on $97,793 to close, and return on cash invested stands at 28.14% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 146.85% and total cumulative return in cash at $143,606. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,466/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
2,178 sqft lot
$N/A/sqft
No HOA
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Listed by: Calla L. Kimsey • Seabolt Real Estate
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #313802
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.