16 Modena Island DrSavannahGA31411
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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 16 Modena Island Dr, Savannah, GA, 31411 listed at $1,769,100 pairs $6,582/mo rent with a $8,659/mo payment. Total monthly income runs $6,582/mo. Return on cash invested measures 11.29% in year one, and rental yield registers 4.46% at a $1,769,100 basis. Equity gained on principal adds $11,416/yr, and annual property appreciation at 5% supports $488,770 by year five. Five-year ROI tracks 56.48% and total cumulative return in cash totals $323,718. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,582/mo property income relative to a $8,659/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.80 Acres lot
$N/A/sqft
$154 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31411, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,616 (100%) |
| Owner Occupied HU | 4,068 (88.1%) |
| Renter Occupied HU | 232 ( 5.0%) |
| Vacant Housing Units | 316 ( 6.8%) |
| Median Home Value | $724,395 |
| Average Home Value | $781,969 |
Housing Distribution
Address Breakdown
Residential
4,786
Single Family
4,508
Multi-Family
278
Businesses
74
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