15 Hibiscus Ave

Savannah, GA 31404
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3 bd, 2 ba | 1,159 sqft | Built in 1942

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List Price
$285,000

Initial Investment

$77,663

Purchase Price

$285,000

Down Payment

25%

Rent

$1,980

Total Return

$88,413

Annualized Return

16.6%

Cap Rate

5.8%

Gross Yield

8.3%

Cash Flow

$160

Appreciation

5.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,841

HOA

None

Flood Risk

Not Required

Adorable updated bungalow home just steps to great shopping (Whole Foods, Aldis, PetSmart, etc.) and to Daffin Park. Roof, windows, drywall, custom cabinets, granite countertops, updated bathrooms, AC, plumbing, electrical and more were redone in 2017. Big carport and generous backyard with enough room for a little garden, fenced for your pets! Close to everything and move in ready!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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George Meyers
Mia Madison Properties LLC
GA Agent License #336390

Annual Financial Highlights

Expected Rent

$22,572

Expenses

-$4,018

Property Taxes

-$2,900

Loan Payments

-$15,494

Net Cash Flow

$160

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:Sandy McCloud
Agent License 251032
Century 21 Results
Certified Agent Brokerage:George Meyers
Mia Madison Properties LLC
GA Brokerage License 64398
SourceSavannah Multi-List Corporation
MLS #327633
Last Updated: 03/18/2025 15:03
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