253 Scarborough 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
Rental property for sale in Savannah at 253 Scarborough St, Savannah, GA, 31415 priced at $220,500 pairs $1,840/mo rent with $498/mo cash flow after a $1,079/mo payment. Total monthly income equals $1,840/mo, and annual cash flow comes to $5,979/yr on $73,096 invested. Return on cash invested is 28.09% in year one, and rental yield stands at 10.01% on a $220,500 basis. Equity gained on principal adds $1,423/yr, and 5% annual appreciation accumulates to $60,920 by year five. Five-year ROI measures 146.6% and total cumulative return in cash reaches $107,160. For financing, Ziffy Mortgage’s DSCR program evaluates $1,840/mo property income against a $1,079/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
5,000 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
Listed by: Alexander T. Rodino • Keller Williams Coastal Area P
Mls Name: Hive MLS
Mls Provider:
Mls ID: #329969
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.