220 Laurelwood DrSavannahGA31419
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
Investment Highlights
Rental property for sale in Savannah at 220 Laurelwood Dr, Savannah, GA, 31419 priced at $368,500 converts $3,088/mo rent into $845/mo cash flow after a $1,804/mo obligation. Total monthly income equals $3,088/mo, and annual cash flow totals $10,138/yr on $122,158 invested. Return on cash invested prints 28.21% in year one, and rental yield reads 10.06% against a $368,500 entry. Equity gained on principal adds $2,378/yr, while 5% annual appreciation compiles into $101,810 by year five. Five-year ROI reaches 147.21% and total cumulative return in cash sums $179,834. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,088/mo property income covering a $1,804/mo payment, not borrower’s personal income.
Single Family
Built in 1997
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31419, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,783 (100%) |
| Owner Occupied HU | 13,417 (52.0%) |
| Renter Occupied HU | 10,374 (40.2%) |
| Vacant Housing Units | 1,992 ( 7.7%) |
| Median Home Value | $319,085 |
| Average Home Value | $370,915 |
Housing Distribution
Address Breakdown
Residential
24,536
Single Family
18,502
Multi-Family
6,034
Businesses
756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Brawn • Eighteen O'Two Realty LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #323900
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.