59 Romney PlSavannahGA31406
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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
Rental property for sale in Savannah at 59 Romney Pl, Savannah, GA, 31406 offers $3,709/mo rent that, after a $3,225/mo payment. Total monthly income is $3,709/mo. Return on cash invested measures 18.39% in year one, and rental yield stands at 6.75% at a $659,000 entry. Equity gained on principal adds $4,252/yr while 5% annual appreciation compounds into $182,070 by year five. Five-year ROI records 94.54% and total cumulative return in cash reaches $204,967. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,709/mo property income versus a $3,225/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.33 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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