406 Mckenzie PlaceSavannahGA31405
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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 406 Mckenzie Place, Savannah, GA, 31405 with 5% annual appreciation on a $234,900 basis while $1,668/mo rent supports operations. Total monthly income totals $1,668/mo and a $1,150/mo payment preserves $238/mo for cash returns. Annual cash flow comes to $2,857/yr on $77,869 deployed, and return on cash invested reaches 23.58% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,899 alongside rental yield of 8.52%. Five-year ROI measures 122.43% and total cumulative return in cash totals $95,337.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,668/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
6,621 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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