46 Runabout LnSavannahGA31410
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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 46 Runabout Ln, Savannah, GA, 31410 offers $3,968/mo rent that, after a $2,765/mo payment, leaves $497/mo cash flow. Total monthly income is $3,968/mo, and annual cash flow is $5,967/yr on $185,885 cash. Return on cash invested measures 23.27% in year one, and rental yield stands at 8.43% at a $565,000 entry. Equity gained on principal adds $3,646/yr while 5% annual appreciation compounds into $156,099 by year five. Five-year ROI records 120.79% and total cumulative return in cash reaches $224,523. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,968/mo property income versus a $2,765/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
10,193 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31410, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,695 (100%) |
| Owner Occupied HU | 7,687 (71.9%) |
| Renter Occupied HU | 2,314 (21.6%) |
| Vacant Housing Units | 694 ( 6.5%) |
| Median Home Value | $432,337 |
| Average Home Value | $541,043 |
Housing Distribution
Address Breakdown
Residential
10,766
Single Family
9,108
Multi-Family
1,658
Businesses
549
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Listed by: Joel Solomon • Century 21 Solomon Properties
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #322648
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.