17 Fair StSavannahGA31408
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow17 Fair St, Savannah, GA, 31408 in Savannah earns its strong cash-flow label: 10.06% yield, $2,719/mo rent, $744/mo net income, DSCR 1.86. The $324,500 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $89,653 by year five. Combined with $2,989/yr in principal paydown, total projected return reaches $170,829.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.5% |
| Monthly Cash Flow | $744 | $285 |
City averages based on Savannah market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,719 |
| Total Monthly Debt Service | $1,846 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
9,827 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31408, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,594 (100%) |
| Owner Occupied HU | 1,628 (35.4%) |
| Renter Occupied HU | 2,565 (55.8%) |
| Vacant Housing Units | 401 ( 8.7%) |
| Median Home Value | $222,954 |
| Average Home Value | $323,761 |
Housing Distribution
Address Breakdown
Residential
4,089
Single Family
3,627
Multi-Family
462
Businesses
878
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1992
9,827 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31408, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,594 (100%) |
| Owner Occupied HU | 1,628 (35.4%) |
| Renter Occupied HU | 2,565 (55.8%) |
| Vacant Housing Units | 401 ( 8.7%) |
| Median Home Value | $222,954 |
| Average Home Value | $323,761 |
Housing Distribution
Address Breakdown
Residential
4,089
Single Family
3,627
Multi-Family
462
Businesses
878
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kaelyn Steel • Scott Realty Professionals
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #321469
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.