83 Shoefstall StSavannahGA31407
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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 83 Shoefstall St, Savannah, GA, 31407 listed at $569,900 pairs $4,554/mo rent with a $2,789/mo payment to leave $1,027/mo cash flow. Total monthly income runs $4,554/mo, and annual cash flow reaches $12,326/yr on $187,497 cash to close. Return on cash invested measures 26.63% in year one, and rental yield registers 9.59% at a $569,900 basis. Equity gained on principal adds $3,677/yr, and annual property appreciation at 5% supports $157,453 by year five. Five-year ROI tracks 138.89% and total cumulative return in cash totals $260,406. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,554/mo property income relative to a $2,789/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
8,799 sqft lot
$N/A/sqft
$704 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31407, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,043 (100%) |
| Owner Occupied HU | 4,529 (41.0%) |
| Renter Occupied HU | 5,426 (49.1%) |
| Vacant Housing Units | 1,088 ( 9.9%) |
| Median Home Value | $294,400 |
| Average Home Value | $335,171 |
Housing Distribution
Address Breakdown
Residential
11,046
Single Family
8,528
Multi-Family
2,518
Businesses
314
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Listed by: Jackson C. Ware • eXp Realty LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #324611
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.