2432 Norwood AveSavannahGA31406
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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 2432 Norwood Ave, Savannah, GA, 31406 listed at $599,000 pairs $3,757/mo rent with a $2,932/mo payment to leave $111/mo cash flow. Total monthly income runs $3,757/mo, and annual cash flow reaches $1,334/yr on $197,071 cash to close. Return on cash invested measures 20.74% in year one, and rental yield registers 7.53% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 107.13% and total cumulative return in cash totals $211,114. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,757/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
9,147 sqft 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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