302 Lorch St APT 201SavannahGA31401
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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 302 Lorch St APT 201, Savannah, GA, 31401 listed at $444,000 pairs $2,124/mo rent with a $2,173/mo payment. Total monthly income runs $2,124/mo. Return on cash invested measures 9.49% in year one, and rental yield registers 5.74% at a $444,000 basis. Equity gained on principal adds $2,865/yr, and annual property appreciation at 5% supports $122,669 by year five. Five-year ROI tracks 48.88% and total cumulative return in cash totals $71,946. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,124/mo property income relative to a $2,173/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
1,001 sqft lot
$N/A/sqft
$700 monthly HOA
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Listed by: Ronald C. Melander • Keller Williams Coastal Area P
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #SA332958
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