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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Savannah at 85 Heath Ln, Savannah, TN, 38372 uses $99,417 cash to close to unlock $8,071/yr annual cash flow and $673/mo monthly cash flow. Total monthly income runs $2,468/mo, and a $1,468/mo payment keeps the spread at $673/mo. Purchase price stands at $299,900, and rental yield measures 9.88% with $2,468/mo rent. Return on cash invested shows 28.03% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 146.12% and total cumulative return in cash records $145,264. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,468/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1999
3.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 38372, Savannah, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,254 (100%) |
| Owner Occupied HU | 5,408 (58.4%) |
| Renter Occupied HU | 2,164 (23.4%) |
| Vacant Housing Units | 1,682 (18.2%) |
| Median Home Value | $184,238 |
| Average Home Value | $215,183 |
Residential
7,996
Single Family
7,764
Multi-Family
232
Businesses
749
Date | Event | Price |
|---|---|---|
| 2024-09-17 | Listed for sale | $299,900 |
| 2021-11-09 | Sold | $231,850 |
| 2021-10-04 | Contingent | $224,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-19 | $973.44 | 20.16% | $55,625 | 41.45% |
| 2022-11-19 | $810.10 | N/A | $39,325 | N/A |
| 2021-11-19 | $810.10 | N/A | $39,325 | N/A |
Listed by: Marisa Casteel • BST Realty
Mls Name: MAAR
Mls Provider:
Mls ID: #10181393
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