309 Derrick Inn RoadSavannahGA31405
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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 309 Derrick Inn Road, Savannah, GA, 31405 uses $69,947 cash to close to unlock $1,639/yr annual cash flow and $137/mo monthly cash flow. Total monthly income runs $1,421/mo, and a $1,033/mo payment keeps the spread at $137/mo. Purchase price stands at $211,000, and rental yield measures 8.08% with $1,421/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $58,295 over five years. Five-year ROI reaches 115.3% and total cumulative return in cash records $80,645. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,421/mo property income covering a $1,033/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31405, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,515 (100%) |
| Owner Occupied HU | 8,413 (50.9%) |
| Renter Occupied HU | 6,317 (38.3%) |
| Vacant Housing Units | 1,785 (10.8%) |
| Median Home Value | $345,549 |
| Average Home Value | $390,200 |
Housing Distribution
Address Breakdown
Residential
17,218
Single Family
13,960
Multi-Family
3,258
Businesses
1,735
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