2510 Florida AveSavannahGA31404
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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 2510 Florida Ave, Savannah, GA, 31404 priced at $224,900 pairs $1,586/mo rent with $217/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,586/mo, and annual cash flow comes to $2,604/yr on $74,554 invested. Return on cash invested is 23.4% in year one, and rental yield stands at 8.46% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. Five-year ROI measures 121.43% and total cumulative return in cash reaches $90,529. For financing, Ziffy Mortgage’s DSCR program evaluates $1,586/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31404, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,242 (100%) |
| Owner Occupied HU | 6,061 (42.6%) |
| Renter Occupied HU | 6,816 (47.9%) |
| Vacant Housing Units | 1,365 ( 9.6%) |
| Median Home Value | $242,048 |
| Average Home Value | $317,441 |
Housing Distribution
Address Breakdown
Residential
13,480
Single Family
12,453
Multi-Family
1,027
Businesses
777
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Listed by: Erica F. Ferrell • Properties By Me
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #SA332222
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.