808 Carter StSavannahGA31415
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Nearby investment properties with comparable prices
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 808 Carter St, Savannah, GA, 31415 offers a 9.34% rental yield on a $192,500 purchase with $1,498/mo rent. Total monthly income registers $1,498/mo, and a $942/mo payment leaves $327/mo available for distribution. Annual cash flow reaches $3,919/yr on $63,814 to close, and return on cash invested stands at 26.05% in year one. Equity gained on principal adds $1,242/yr while 5% annual appreciation supports $53,184 over five years. Portfolio math shows five-year ROI at 135.67% and total cumulative return in cash at $86,573. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,498/mo property income against a $942/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
5,000 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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