55 Heritage WaySavannahGA31419
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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 55 Heritage Way, Savannah, GA, 31419 offers a 10.99% rental yield on a $309,900 purchase with $2,839/mo rent. Total monthly income registers $2,839/mo, and a $1,517/mo payment leaves $733/mo available for distribution. Annual cash flow reaches $8,801/yr on $102,732 to close, and return on cash invested stands at 28.48% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,620 over five years. Portfolio math shows five-year ROI at 149.6% and total cumulative return in cash at $153,684. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,839/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
8,712 sqft lot
$N/A/sqft
$648 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31419, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,783 (100%) |
| Owner Occupied HU | 13,417 (52.0%) |
| Renter Occupied HU | 10,374 (40.2%) |
| Vacant Housing Units | 1,992 ( 7.7%) |
| Median Home Value | $319,085 |
| Average Home Value | $370,915 |
Housing Distribution
Address Breakdown
Residential
24,536
Single Family
18,502
Multi-Family
6,034
Businesses
756
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Listed by: John F. Clark • Prestige Coastal Prop, LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #325273
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.