6 Spring Lake CirSavannahGA31407
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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 6 Spring Lake Cir, Savannah, GA, 31407 earns $331/mo cash flow from $2,187/mo rent with a $1,493/mo payment. Total monthly income totals $2,187/mo, and annual cash flow totals $3,966/yr on $101,108 capital. ROI tracks 23.83% on current figures, and rental yield reads 8.6% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 123.77% and total cumulative return in cash sums $125,146. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,187/mo property income instead of your personal income.
Single Family
Built in 2008
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31407, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,043 (100%) |
| Owner Occupied HU | 4,529 (41.0%) |
| Renter Occupied HU | 5,426 (49.1%) |
| Vacant Housing Units | 1,088 ( 9.9%) |
| Median Home Value | $294,400 |
| Average Home Value | $335,171 |
Housing Distribution
Address Breakdown
Residential
11,046
Single Family
8,528
Multi-Family
2,518
Businesses
314
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