179 Azalea AveGarden 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
Rental property for sale in Garden City at 179 Azalea Ave, Garden City, GA, 31408 priced at $245,000 converts $1,857/mo rent into $366/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,857/mo, and annual cash flow totals $4,392/yr on $81,218 invested. Return on cash invested prints 25.32% in year one, and rental yield reads 9.1% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 131.76% and total cumulative return in cash sums $107,016. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,857/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1960
9,583 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
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Listed by: Tasha M. Jetter • Realty One Group Inclusion
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #328817
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.