603 W 40th StSavannahGA31415
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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 603 W 40th St, Savannah, GA, 31415 earns from $2,728/mo rent with a $2,687/mo payment. Total monthly income totals $2,728/mo. ROI tracks 15.99% on current figures, and rental yield reads 5.96% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 81.63% and total cumulative return in cash sums $147,440. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,728/mo property income instead of your personal income.
Multi Family
Built in 1940
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31415, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 1,908 (34.4%) |
| Renter Occupied HU | 2,520 (45.4%) |
| Vacant Housing Units | 1,126 (20.3%) |
| Median Home Value | $160,126 |
| Average Home Value | $221,223 |
Housing Distribution
Address Breakdown
Residential
4,730
Single Family
4,293
Multi-Family
437
Businesses
423
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Listed by: Sarah Sullivan • McIntosh Realty Team LLC
Mls Name: Hive MLS
Mls Provider:
Mls ID: #SA336745
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.