823 Joe StSavannahGA31401
Nearby investment properties with comparable rents
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 823 Joe St, Savannah, GA, 31401 offers a 12.3% rental yield on a $425,000 purchase with $4,357/mo rent. Total monthly income registers $4,357/mo, and a $2,080/mo payment leaves $1,771/mo available for distribution. Annual cash flow reaches $21,246/yr on $140,888 to close, and return on cash invested stands at 34.99% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 183.58% and total cumulative return in cash at $258,641. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,357/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
3,310 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah J. Pounders • Engel & Volkers
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #319858
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.