238 Millen StSavannahGA31415
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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
Rental property for sale in Savannah at 238 Millen St, Savannah, GA, 31415 offers $2,108/mo rent that, after a $1,346/mo payment, leaves $434/mo cash flow. Total monthly income is $2,108/mo, and annual cash flow is $5,211/yr on $91,163 cash. Return on cash invested measures 25.63% in year one, and rental yield stands at 9.2% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 133.4% and total cumulative return in cash reaches $121,607. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,108/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
3,049 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
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