508 Rivers End DrSavannahGA31406
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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 508 Rivers End Dr, Savannah, GA, 31406 offers a 8.44% rental yield on a $510,777 purchase with $3,592/mo rent. Total monthly income registers $3,592/mo, and a $2,500/mo payment leaves $483/mo available for distribution. Annual cash flow reaches $5,800/yr on $168,046 to close, and return on cash invested stands at 23.51% in year one. Equity gained on principal adds $3,296/yr while 5% annual appreciation supports $141,118 over five years. Portfolio math shows five-year ROI at 122.01% and total cumulative return in cash at $205,039. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,592/mo property income against a $2,500/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.39 Acres lot
$N/A/sqft
No 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: Kelly Kommel • Rawls Realty
Mls Name: Hive MLS
Mls Provider:
Mls ID: #SA336483
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.