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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 8708 Clarke Ave, Savannah, GA, 31406 listed at $300,000 pairs $2,393/mo rent with a $1,468/mo payment to leave $568/mo cash flow. Total monthly income runs $2,393/mo, and annual cash flow reaches $6,810/yr on $99,450 cash to close. Return on cash invested measures 26.76% in year one, and rental yield registers 9.57% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 139.44% and total cumulative return in cash totals $138,672. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,393/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 31406, Savannah, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,448 (100%) |
| Owner Occupied HU | 8,553 (55.4%) |
| Renter Occupied HU | 5,731 (37.1%) |
| Vacant Housing Units | 1,164 ( 7.5%) |
| Median Home Value | $350,000 |
| Average Home Value | $435,829 |
Residential
15,268
Single Family
13,500
Multi-Family
1,768
Businesses
1,805
Date | Event | Price |
|---|---|---|
| 2014-03-28 | Sold | $74,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-15 | $1423.69 | 2.07% | $49,000 | 2.60% |
| 2023-09-15 | $1394.83 | 18.69% | $47,760 | 18.69% |
| 2022-09-15 | $1175.20 | 3.16% | $40,240 | 8.87% |
Listed by: Karen S. Oldland • Seaport Real Estate Group
Mls Name: Hive MLS
Mls Provider:
Mls ID: #SA339639
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.
