915 Porter StreetSavannahGA31415
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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
Rental property for sale in Savannah at 915 Porter Street, Savannah, GA, 31415 priced at $200,000 converts $1,365/mo rent into $148/mo cash flow after a $979/mo obligation. Total monthly income equals $1,365/mo, and annual cash flow totals $1,772/yr on $66,300 invested. Return on cash invested prints 22.58% in year one, and rental yield reads 8.19% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 117.04% and total cumulative return in cash sums $77,600. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,365/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1958
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 31415, Savannah, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 1,908 (34.4%) |
| Renter Occupied HU | 2,520 (45.4%) |
| Vacant Housing Units | 1,126 (20.3%) |
| Median Home Value | $160,126 |
| Average Home Value | $221,223 |
Housing Distribution
Address Breakdown
Residential
4,730
Single Family
4,293
Multi-Family
437
Businesses
423
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