2602 Barnard StSavannahGA31401
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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 2602 Barnard St, Savannah, GA, 31401 offers $4,080/mo rent that, after a $8,810/mo payment. Total monthly income is $4,080/mo. Return on cash invested measures 6.22% in year one, and rental yield stands at 2.72% at a $1,800,000 entry. Equity gained on principal adds $11,615/yr while 5% annual appreciation compounds into $497,307 by year five. Five-year ROI records 29.22% and total cumulative return in cash reaches $170,387. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,080/mo property income versus a $8,810/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
9,452 sqft lot
$N/A/sqft
No HOA
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Listed by: Richard G. Mopper • Engel & Volkers
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #329183
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.