1321 E 55TH ST

SAVANNAH, GA 31404
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4 bd, 2 ba | 1,655 sqft | Built in 1975

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List Price
$389,900

Initial Investment

$106,248

Purchase Price

$389,900

Down Payment

25%

Rent

$2,550

Total Return

$115,272

Annualized Return

15.8%

Cap Rate

5.5%

Gross Yield

7.8%

Cash Flow

-$851

Appreciation

5.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,019

HOA

None

Flood Risk

Not Required

Charming Duplex – Ideal Investment or House Hack Opportunity! Nestled in the highly desirable neighborhood, this beautifully updated duplex offers endless possibilities. Each side is separately metered and features 2 bed/1 bath, with one unit boasting a dining room & a finished attic space. The home has been freshly painted inside & out, with new flooring, new cabinets, new countertops, & fresh landscaping adding to its curb appeal. The massive backyard is a standout feature, offering plenty of space for outdoor entertaining, gardening, or future expansion—plus a permanent shed for extra storage or a workshop. Enjoy private off-street parking. Conveniently located less than 1 mile from Daffin Park, 10 minutes from Downtown Savannah, & right around the corner from Memorial hospital! Whether you're looking for a prime executive rental, a long-term investment, or the perfect opportunity to live in one unit and rent out the other, this property checks all the boxes.

See more in Analysis
George Meyers
Mia Madison Properties LLC
GA Agent License #336390

Annual Financial Highlights

Expected Rent

$29,070

Expenses

-$5,174

Property Taxes

-$3,550

Loan Payments

-$21,197

Net Cash Flow

-$851

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Anna Crawford
Agent License 425445
Engel & Volkers
Certified Agent Brokerage:George Meyers
Mia Madison Properties LLC
GA Brokerage License 64398
SourceSavannah Multi-List Corporation
MLS #324819
Last Updated: 02/14/2025 19:02
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