604 W 37TH ST

SAVANNAH, GA 31415
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3 bd, 2 ba | 1,424 sqft | Built in 1921

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List Price
$275,000

Initial Investment

$74,938

Purchase Price

$275,000

Down Payment

25%

Rent

$1,770

Total Return

$77,774

Annualized Return

14.1%

Cap Rate

3.9%

Gross Yield

7.7%

Cash Flow

-$5,154

Appreciation

6.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,021

HOA

None

Flood Risk

Not Required

Welcome to this adorable 3 bedroom 2 bath bungalow in downtown Savannah! Featuring high ceilings throughout, beautiful hardwood floors, updated fixtures and appliances, and large windows and fireplaces in every room. Needs some cosmetic work, but it is move-in ready! The backyard has a brick courtyard that is perfect for relaxing in the evening, and there is off street parking behind the home.

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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

$20,178

Expenses

-$3,592

Property Taxes

-$6,790

Loan Payments

-$14,950

Net Cash Flow

-$5,154

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:Timothy Sheahan
Agent License 424031
Keller Williams Realty
Certified Agent Brokerage:George Meyers
Mia Madison Properties LLC
GA Brokerage License 64398
SourceSavannah Multi-List Corporation
MLS #329039
Last Updated: 04/17/2025 22:04
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