59 Colony Park DrSavannahGA31406
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
Investment Highlights
Investment property for sale in Savannah at 59 Colony Park Dr, Savannah, GA, 31406 at $225,000 posts ROI 29.67% with $607/mo cash flow from $1,976/mo rent. Total monthly income equals $1,976/mo, and annual cash flow records $7,282/yr on $74,588 to close. Return on cash invested measures 29.67% and rental yield reads 10.54% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 155.07% and total cumulative return in cash totals $115,665.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,976/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1986
622.91 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices