517 E 38th StSavannahGA31401
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 517 E 38th St, Savannah, GA, 31401 in Savannah hard to pass up. The 15.21% gross yield on a $299,900 purchase results in $3,800/mo in rent and $1,968/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.82). Annual cash flow of $23,621, five-year appreciation of $82,857, and $2,762/yr in equity build-up combine for a projected total cumulative return of $240,235.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.2% | 6.5% |
| Monthly Cash Flow | $1,968 | $285 |
City averages based on Savannah market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,800 |
| Total Monthly Debt Service | $1,713 |
| DSCR Ratio | 2.22x |
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.
Single Family
Built in 2009
2,744 sqft lot
$N/A/sqft
No HOA
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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
Single Family
Built in 2009
2,744 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices