2 S Millward RdSavannahGA31410
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing2 S Millward Rd, Savannah, GA, 31410 in Savannah is a stable, well-positioned rental at $609,000. Rental yield 6.48%. DSCR 1.20 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $168,255 in value and $5,609/yr in principal paydown builds equity, a total projected return of $202,164.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 6.5% |
| Monthly Cash Flow | $(446) | $285 |
City averages based on Savannah market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,290 |
| Total Monthly Debt Service | $3,493 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1966
0.82 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31410, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,695 (100%) |
| Owner Occupied HU | 7,687 (71.9%) |
| Renter Occupied HU | 2,314 (21.6%) |
| Vacant Housing Units | 694 ( 6.5%) |
| Median Home Value | $432,337 |
| Average Home Value | $541,043 |
Housing Distribution
Address Breakdown
Residential
10,766
Single Family
9,108
Multi-Family
1,658
Businesses
549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1966
0.82 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31410, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,695 (100%) |
| Owner Occupied HU | 7,687 (71.9%) |
| Renter Occupied HU | 2,314 (21.6%) |
| Vacant Housing Units | 694 ( 6.5%) |
| Median Home Value | $432,337 |
| Average Home Value | $541,043 |
Housing Distribution
Address Breakdown
Residential
10,766
Single Family
9,108
Multi-Family
1,658
Businesses
549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Grayson • Keller Williams Coastal Area P
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #SA330973
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.