2313 Florance StSavannahGA31415
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
Investment property for sale in Savannah at 2313 Florance St, Savannah, GA, 31415 uses $45,946 cash to close to unlock $16,750/yr annual cash flow and $1,396/mo monthly cash flow. Total monthly income runs $2,239/mo, and a $678/mo payment keeps the spread at $1,396/mo. Purchase price stands at $138,600, and rental yield measures 19.39% with $2,239/mo rent. Return on cash invested shows 56.36% in year one, and 5% annual appreciation builds toward $38,293 over five years. Five-year ROI reaches 298.17% and total cumulative return in cash records $136,995. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,239/mo property income covering a $678/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31415, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 1,908 (34.4%) |
| Renter Occupied HU | 2,520 (45.4%) |
| Vacant Housing Units | 1,126 (20.3%) |
| Median Home Value | $160,126 |
| Average Home Value | $221,223 |
Housing Distribution
Address Breakdown
Residential
4,730
Single Family
4,293
Multi-Family
437
Businesses
423
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices