211 Edgewater Rd APT 22SavannahGA31406
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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 211 Edgewater Rd APT 22, Savannah, GA, 31406 listed at $192,500 pairs $2,045/mo rent with a $942/mo payment to leave $874/mo cash flow. Total monthly income runs $2,045/mo, and annual cash flow reaches $10,483/yr on $63,814 cash to close. Return on cash invested measures 36.34% in year one, and rental yield registers 12.75% at a $192,500 basis. Equity gained on principal adds $1,242/yr, and annual property appreciation at 5% supports $53,184 by year five. Five-year ROI tracks 190.84% and total cumulative return in cash totals $121,781. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,045/mo property income relative to a $942/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
N/A 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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