1943 Colonial DrSavannahGA31406
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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 Savannah at 1943 Colonial Dr, Savannah, GA, 31406 with 5% annual appreciation on a $490,000 basis while $4,432/mo rent supports operations. Total monthly income totals $4,432/mo and a $2,398/mo payment preserves $1,405/mo for cash returns. Annual cash flow comes to $16,862/yr on $162,435 deployed, and return on cash invested reaches 30.29% in year one. Equity gained on principal adds $3,162/yr, and five-year appreciation sums $135,378 alongside rental yield of 10.85%. Five-year ROI measures 158.52% and total cumulative return in cash totals $257,484.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,432/mo property income versus a $2,398/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31406, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,448 (100%) |
| Owner Occupied HU | 8,553 (55.4%) |
| Renter Occupied HU | 5,731 (37.1%) |
| Vacant Housing Units | 1,164 ( 7.5%) |
| Median Home Value | $350,000 |
| Average Home Value | $435,829 |
Housing Distribution
Address Breakdown
Residential
15,268
Single Family
13,500
Multi-Family
1,768
Businesses
1,805
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Listed by: Sheena Norris • Engel & Volkers
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #319736
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.