501 E Charlton St APT CSavannahGA31401
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 501 E Charlton St APT C, Savannah, GA, 31401 in Savannah earns a 8.94% gross yield at $265,000. Rent of $2,160/mo nets $207/mo after the $1,192/mo mortgage. The 1.81 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $73,215 and $2,441/yr in equity accumulation project a total cumulative return of $123,247.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 6.5% |
| Monthly Cash Flow | $207 | $285 |
City averages based on Savannah market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $1,713 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1900
435.60 sqft lot
$N/A/sqft
$1,236 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1900
435.60 sqft lot
$N/A/sqft
$1,236 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Stanford • Weichert REALTORSCoastal Prop
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #325305
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