1519 Cloverdale DrSavannahGA31415
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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
Rental property for sale in Savannah at 1519 Cloverdale Dr, Savannah, GA, 31415 generates $1,836/mo in rent and, after a $1,003/mo payment, leaves $589/mo in cash flow. Total monthly income is $1,836/mo, and annual cash flow is $7,065/yr on $67,958 invested. Return on cash invested sits at 30.3% in year one, and rental yield is 10.75% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 158.47% and total cumulative return in cash sums $107,694. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,836/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31415, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 1,908 (34.4%) |
| Renter Occupied HU | 2,520 (45.4%) |
| Vacant Housing Units | 1,126 (20.3%) |
| Median Home Value | $160,126 |
| Average Home Value | $221,223 |
Housing Distribution
Address Breakdown
Residential
4,730
Single Family
4,293
Multi-Family
437
Businesses
423
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Listed by: Yaquelin Alvarez • Keller Williams Realty Atl. Partners
Mls Name: GAMLS
Mls Provider:
Mls ID: #10432939
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.