602 Dancy 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 602 Dancy Ave, Savannah, GA, 31419 priced at $533,500 converts $1,952/mo rent into after a $2,611/mo obligation. Total monthly income equals $1,952/mo. Return on cash invested prints 10.72% in year one, and rental yield reads 4.39% against a $533,500 entry. Equity gained on principal adds $3,443/yr, while 5% annual appreciation compiles into $147,396 by year five. Five-year ROI reaches 53.57% and total cumulative return in cash sums $94,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,952/mo property income covering a $2,611/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.91 Acres 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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