459 Mall Blvd APT 68SavannahGA31406
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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
Rental property for sale in Savannah at 459 Mall Blvd APT 68, Savannah, GA, 31406 generates $3,829/mo in rent and, after a $1,270/mo payment, leaves $2,050/mo in cash flow. Total monthly income is $3,829/mo, and annual cash flow is $24,597/yr on $86,024 invested. Return on cash invested sits at 48.5% in year one, and rental yield is 17.71% on a $259,500 entry. Equity gained on principal adds $1,675/yr, while 5% annual appreciation builds toward $71,695 over five years. Five-year ROI reaches 257.05% and total cumulative return in cash sums $221,129. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,829/mo property income rather than buyer’s personal income.
Condo
Built in 1977
2,178 sqft lot
$N/A/sqft
$2,400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31406, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,448 (100%) |
| Owner Occupied HU | 8,553 (55.4%) |
| Renter Occupied HU | 5,731 (37.1%) |
| Vacant Housing Units | 1,164 ( 7.5%) |
| Median Home Value | $350,000 |
| Average Home Value | $435,829 |
Housing Distribution
Address Breakdown
Residential
15,268
Single Family
13,500
Multi-Family
1,768
Businesses
1,805
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Listed by: Teresa H. Cowart • Re/Max Accent
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #314980
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.