59 Soling AveSavannahGA31419
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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 Soling Ave, Savannah, GA, 31419 priced at $249,900 pairs $1,943/mo rent with $366/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,943/mo, and annual cash flow comes to $4,389/yr on $82,842 invested. Return on cash invested is 25.21% in year one, and rental yield stands at 9.33% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 131.41% and total cumulative return in cash reaches $108,866. For financing, Ziffy Mortgage’s DSCR program evaluates $1,943/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
10,454 sqft lot
$N/A/sqft
No 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: Roger Varnadore • eXp Realty, LLC
Mls Name: GIAOR
Mls ID: #1654279
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.