7 Gossamer LaneSavannahGA31411
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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 7 Gossamer Lane, Savannah, GA, 31411 priced at $915,900 converts $6,580/mo rent into $1,006/mo cash flow after a $4,483/mo obligation. Total monthly income equals $6,580/mo, and annual cash flow totals $12,067/yr on $301,331 invested. Return on cash invested prints 24.06% in year one, and rental yield reads 8.62% against a $915,900 entry. Equity gained on principal adds $5,910/yr, while 5% annual appreciation compiles into $253,046 by year five. Five-year ROI reaches 124.96% and total cumulative return in cash sums $376,536. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,580/mo property income covering a $4,483/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31411, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,616 (100%) |
| Owner Occupied HU | 4,068 (88.1%) |
| Renter Occupied HU | 232 ( 5.0%) |
| Vacant Housing Units | 316 ( 6.8%) |
| Median Home Value | $724,395 |
| Average Home Value | $781,969 |
Housing Distribution
Address Breakdown
Residential
4,786
Single Family
4,508
Multi-Family
278
Businesses
74
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