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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Savannah at 2 Old Hickory Ln, Savannah, GA, 31411 at $649,000 posts ROI 21.24% with $209/mo cash flow from $4,367/mo rent. Total monthly income equals $4,367/mo, and annual cash flow records $2,511/yr on $213,521 to close. Return on cash invested measures 21.24% and rental yield reads 8.07% at the current $649,000. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 by year five. Five-year ROI prints 110.23% and total cumulative return in cash totals $235,356.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,367/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
0.51 Acres lot
$N/A/sqft
$2,488 annually HOA
Neighborhood data shown for ZIP Code: 31411, Savannah, GA area.
| 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 |
Residential
4,786
Single Family
4,508
Multi-Family
278
Businesses
74
Date | Event | Price |
|---|---|---|
| 2024-09-26 | Listed for sale | $649,000 |
| 2019-07-22 | Sold | $335,000 |
| 2019-06-11 | Pending sale | $359,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $3788.36 | -10.69% | $191,040 | 29.57% |
| 2022-10-16 | $4241.89 | -0.80% | $147,440 | 18.37% |
| 2021-10-16 | $4276.26 | -2.10% | $124,560 | N/A |
Listed by: Jennifer Crumpton • Corcoran Austin Hill Realty
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #320282
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.
