624 E 38th StSavannahGA31401
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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 624 E 38th St, Savannah, GA, 31401 offers a 7% rental yield on a $514,000 purchase with $3,000/mo rent. 15% in year one. Equity gained on principal adds $3,317/yr while 5% annual appreciation supports $142,009 over five years. Portfolio math shows five-year ROI at 98.61% and total cumulative return in cash at $166,751. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $2,516/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1,568 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Matthew Randolph • Lighthouse Realty Professional
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #320769
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