16 W Oglethorpe Ave #B8EA8384FSavannahGA31401
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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 W Oglethorpe Ave #B8EA8384F, Savannah, GA, 31401 generates $2,442/mo in rent, after a $6,803/mo payment. Total monthly income is $2,442/mo. Return on cash invested sits at 4.05% in year one, and rental yield is 2.11% on a $1,390,000 entry. Equity gained on principal adds $8,969/yr, while 5% annual appreciation builds toward $384,031 over five years. Five-year ROI reaches 17.64% and total cumulative return in cash sums $79,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,442/mo property income rather than buyer’s personal income.
Townhouse
Built in 1872
1,799 sqft lot
$N/A/sqft
No HOA
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Listed by: Jennifer Johnson • Charter One Realty
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #SA331118
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.