2 Franklin Creek Rd SSavannahGA31411
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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 Savannah at 2 Franklin Creek Rd S, Savannah, GA, 31411 priced at $985,000 converts $3,481/mo rent into after a $4,821/mo obligation. Total monthly income equals $3,481/mo. Return on cash invested prints 9.97% in year one, and rental yield reads 4.24% against a $985,000 entry. Equity gained on principal adds $6,356/yr, while 5% annual appreciation compiles into $272,137 by year five. Five-year ROI reaches 49.69% and total cumulative return in cash sums $161,014. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,481/mo property income covering a $4,821/mo payment, not borrower’s personal income.
Single Family
Built in 2001
10,454 sqft lot
$N/A/sqft
$2,518 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31411, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,616 (100%) |
| Owner Occupied HU | 4,068 (88.1%) |
| Renter Occupied HU | 232 ( 5.0%) |
| Vacant Housing Units | 316 ( 6.8%) |
| Median Home Value | $724,395 |
| Average Home Value | $781,969 |
Housing Distribution
Address Breakdown
Residential
4,786
Single Family
4,508
Multi-Family
278
Businesses
74
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Listed by: Wendy R. Reed • The Landings Company
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #SA331414
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.