413 E 60th StSavannahGA31405
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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 413 E 60th St, Savannah, GA, 31405 offers a 9.3% rental yield on a $558,300 purchase with $4,327/mo rent. Total monthly income registers $4,327/mo, and a $2,733/mo payment leaves $929/mo available for distribution. Annual cash flow reaches $11,144/yr on $183,681 to close, and return on cash invested stands at 26.13% in year one. Equity gained on principal adds $3,603/yr while 5% annual appreciation supports $154,248 over five years. Portfolio math shows five-year ROI at 136.01% and total cumulative return in cash at $249,828. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,327/mo property income against a $2,733/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
7,405 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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Listed by: Other Agent • Non-Hamlc
Mls Name: HABR
Mls ID: #160675
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.