3005 River Dr APT 514SavannahGA31404
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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 3005 River Dr APT 514, Savannah, GA, 31404 earns $176/mo cash flow from $2,960/mo rent with a $1,919/mo payment. Total monthly income totals $2,960/mo, and annual cash flow totals $2,110/yr on $129,981 capital. ROI tracks 21.53% on current figures, and rental yield reads 9.06% at a $392,100 purchase. Equity gained on principal adds $2,530/yr, and 5% annual appreciation supports $108,330 over five years. Five-year ROI reaches 112.75% and total cumulative return in cash sums $146,552. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,960/mo property income instead of your personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
$395 monthly 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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