17 Russell AvenueGarden CityGA31408
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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 Garden City at 17 Russell Avenue, Garden City, GA, 31408 uses $94,478 cash to close to unlock $2,788/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $1,967/mo, and a $1,395/mo payment keeps the spread at $232/mo. Purchase price stands at $285,000, and rental yield measures 8.28% with $1,967/mo rent. Return on cash invested shows 22.86% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 118.56% and total cumulative return in cash records $112,014. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,967/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.32 Acres 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
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Listed by: Jeri E. Patrick • Keller Williams Coastal Area P
Mls Name: Hive MLS
Mls ID: #SA341503