6 Bynan Way

Savannah, GA 31405
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4 bd, 2.5 ba | 1,473 sqft | Built in 2019

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List Price
$289,500

Initial Investment

$78,889

Purchase Price

$289,500

Down Payment

25%

Rent

$1,560

Total Return

$62,890

Annualized Return

11.4%

Cap Rate

3.8%

Gross Yield

6.5%

Cash Flow

-$5,208

Appreciation

5.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

1,307

HOA

$142/mo

Flood Risk

High Risk - Zone AE

emarks: Welcome to 6 Bynan Way! This charming 3-bed, 2-bath townhome, built in 2019, offers a perfect blend of modern design, low maintenance, and incredible savings with an LOW ASSUMABLE RATE. Step inside to discover an open and bright floor plan where natural light flows throughout, creating a welcoming atmosphere. The kitchen is stylishly designed with high-quality finishes, ideal for cooking and entertaining. Enjoy the peace of mind of owning a NEARLY-NEW home, where upkeep is minimal, allowing you more free time to enjoy the things you love. Plus, this home's PRIME LOCATION just minutes from downtown Savannah and Savannah-Hilton Head International Airport keeps you close to the city's best shopping, dining, and entertainment options, along with easy access to travel. Whether you're a first-time buyer, looking to downsize, or seeking a SMART INVESTMENT , this townhome combines CONVENIENCE, SAVINGS, and STYLE in one incredible package. Don't miss out on this rare find!

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

Annual Financial Highlights

Expected Rent

$17,784

Expenses

-$4,603

Property Taxes

-$2,650

Loan Payments

-$15,739

Net Cash Flow

-$5,208

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:Jess Mikell
Agent License 387990
Daniel Ravenel Sotheby's International Realty
Certified Agent Brokerage:George Meyers
Mia Madison Properties LLC
GA Brokerage License 64398
SourceGeorgia MLS
MLS #10421383
Last Updated: 12/03/2024 17:12
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