16 Fort Argyle CtSavannahGA31419
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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 16 Fort Argyle Ct, Savannah, GA, 31419 priced at $179,900 converts $1,376/mo rent into $281/mo cash flow after a $881/mo obligation. Total monthly income equals $1,376/mo, and annual cash flow totals $3,367/yr on $59,637 invested. Return on cash invested prints 25.56% in year one, and rental yield reads 9.18% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 133.02% and total cumulative return in cash sums $79,329. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,376/mo property income covering a $881/mo payment, not borrower’s personal income.
Manufactured
Built in 1985
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31419, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,783 (100%) |
| Owner Occupied HU | 13,417 (52.0%) |
| Renter Occupied HU | 10,374 (40.2%) |
| Vacant Housing Units | 1,992 ( 7.7%) |
| Median Home Value | $319,085 |
| Average Home Value | $370,915 |
Housing Distribution
Address Breakdown
Residential
24,536
Single Family
18,502
Multi-Family
6,034
Businesses
756
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