64 Lee AvenueGarden CityGA31408
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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 Garden City at 64 Lee Avenue, Garden City, GA, 31408 with 5% annual appreciation on a $359,900 basis while $2,940/mo rent supports operations. Total monthly income totals $2,940/mo and a $1,762/mo payment preserves $749/mo for cash returns. Annual cash flow comes to $8,989/yr on $119,307 deployed, and return on cash invested reaches 27.44% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 9.8%. Five-year ROI measures 143.15% and total cumulative return in cash totals $170,786.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,940/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31408, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,594 (100%) |
| Owner Occupied HU | 1,628 (35.4%) |
| Renter Occupied HU | 2,565 (55.8%) |
| Vacant Housing Units | 401 ( 8.7%) |
| Median Home Value | $222,954 |
| Average Home Value | $323,761 |
Housing Distribution
Address Breakdown
Residential
4,089
Single Family
3,627
Multi-Family
462
Businesses
878
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Listed by: Judy R. Quinney • Next Move Real Estate LLC
Mls Name: Hive MLS
Mls ID: #SA344421