85 Van Horne Ave #6CTybee IslandGA31328
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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 Tybee Island at 85 Van Horne Ave #6C, Tybee Island, GA, 31328 at $425,000 posts ROI 11.29% with from $2,564/mo rent. Total monthly income equals $2,564/mo. Return on cash invested measures 11.29% and rental yield reads 7.24% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 59.53% and total cumulative return in cash totals $83,873. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,564/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1986
N/A lot
$N/A/sqft
$990 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31328, Tybee Island, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,098 (100%) |
| Owner Occupied HU | 1,306 (42.2%) |
| Renter Occupied HU | 317 (10.2%) |
| Vacant Housing Units | 1,475 (47.6%) |
| Median Home Value | $605,556 |
| Average Home Value | $673,654 |
Housing Distribution
Address Breakdown
Residential
987
Single Family
987
Multi-Family
0
Businesses
110
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Listed by: Jennifer L. Rutherford • Jenny Rutherford Real Estate, LLC
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #327247
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.