1701 Strand Ave #1Tybee IslandGA31328
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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
Total monthly income runs $3,655/mo, and a $3,965/mo payment. Purchase price stands at $810,000, and rental yield measures 5.41% with $3,655/mo rent. Return on cash invested shows 10.33% in year one, and 5% annual appreciation builds toward $223,788 over five years. Five-year ROI reaches 52.76% and total cumulative return in cash records $140,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,655/mo property income covering a $3,965/mo payment rather than investor’s personal income.
Condo
Built in 1997
435.60 sqft lot
$N/A/sqft
$750 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31328, Tybee Island, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,098 (100%) |
| Owner Occupied HU | 1,306 (42.2%) |
| Renter Occupied HU | 317 (10.2%) |
| Vacant Housing Units | 1,475 (47.6%) |
| Median Home Value | $605,556 |
| Average Home Value | $673,654 |
Housing Distribution
Address Breakdown
Residential
987
Single Family
987
Multi-Family
0
Businesses
110
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Listed by: Keith L. Gay • Century 21 Solomon Properties
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #320124
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