319 E DERENNE AVE

SAVANNAH, GA 31405
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2 bd, 2 ba | 1,290 sqft | Built in 1951

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List Price
$389,900

Initial Investment

$106,248

Purchase Price

$389,900

Down Payment

25%

Rent

$2,090

Total Return

$91,698

Annualized Return

12.4%

Cap Rate

4.3%

Gross Yield

6.4%

Cash Flow

-$5,562

Appreciation

5.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,848

HOA

None

Flood Risk

Not Required

Stunning Newly Renovated 3-Bed, 2-Bath Home in a Prime Location! Welcome to this beautifully updated 3-bedroom, 2-bathroom home, perfectly situated in a highly sought-after location! This property boasts modern upgrades throughout, including a brand-new kitchen with sleek countertops, stainless steel appliances, and custom cabinetry. The spacious living area is flooded with natural light, featuring luxury flooring and fresh paint. The primary suite offers a private retreat with a stylish en-suite bathroom. Both bathrooms have been completely remodeled with high-end finishes and contemporary fixtures. Enjoy outdoor living with a well-manicured yard, perfect for entertaining or relaxing. Conveniently located near top-rated schools, shopping, dining, and major highways, this home offers the perfect blend of comfort and convenience. Don't miss out on this move-in ready gem. Schedule your showing today!

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

Annual Financial Highlights

Expected Rent

$23,826

Expenses

-$4,241

Property Taxes

-$3,950

Loan Payments

-$21,197

Net Cash Flow

-$5,562

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:Mary Mainer
Agent License 438486
eXp Realty LLC
Certified Agent Brokerage:George Meyers
Mia Madison Properties LLC
GA Brokerage License 64398
SourceSavannah Multi-List Corporation
MLS #326014
Last Updated: 02/15/2025 18:02
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