8 Meriweather DrSavannahGA31406
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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 8 Meriweather Dr, Savannah, GA, 31406 uses $207,270 cash to close to unlock $6,379/yr annual cash flow and $532/mo monthly cash flow. Total monthly income runs $4,423/mo, and a $3,084/mo payment keeps the spread at $532/mo. Purchase price stands at $630,000, and rental yield measures 8.42% with $4,423/mo rent. Return on cash invested shows 23.14% in year one, and 5% annual appreciation builds toward $174,057 over five years. Five-year ROI reaches 120.11% and total cumulative return in cash records $248,950. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,423/mo property income covering a $3,084/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31406, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,448 (100%) |
| Owner Occupied HU | 8,553 (55.4%) |
| Renter Occupied HU | 5,731 (37.1%) |
| Vacant Housing Units | 1,164 ( 7.5%) |
| Median Home Value | $350,000 |
| Average Home Value | $435,829 |
Housing Distribution
Address Breakdown
Residential
15,268
Single Family
13,500
Multi-Family
1,768
Businesses
1,805
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