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2206 Jordan Dr
D Composite 43.51
Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +15.3/30.0
  • ARV discount +7.6/15.0
  • DSCR +4.7/10.0
  • Livability +4.3/5.0
  • 1% rule +3.6/10.0
  • Rent growth +3.4/5.0
  • Condition / age +2.5/5.0
  • Schools +2.0/10.0
  • Appreciation +0.0/10.0

$269,900

2206 Jordan Dr · Savannah, GA 31404
3 bd · 2.0 ba · 1,547 sqft · SingleFamily public records · 51 Days on market
Built 1963 8,346 sqft lot $174/sqft · 6% above area Est $271k · at est.

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This is a Fannie Mae Homepath property. Purchase for as little as 3% down! Approved for Homepath Mortgage and Homepath Renovation Mortgage Financing -over 1500sf, brick, sep LR, family room w/ fp

Key facts

  • All-brick home
  • New hvac system
  • 8,346 sq ft lot

Tags

ALL-BRICK HOMENEW HVAC SYSTEMNEW ENERGY-EFFICIENT WINDOWSTANKLESS WATER HEATERROOF ONLY 5 YEARS OLDSOLAR ELECTRIC PANELS

Property features AI

Finance

  • Other: Publicly maintained asphalt roads; City / interior lot
  • HOA & community: Street lights in the community

Exterior

  • Parking: Attached carport with 1 carport space
  • Utilities: Public water; Public sewer; Cable available
  • Home design: Single-family residence; One story
  • Construction: Brick construction; Asphalt roof; Slab foundation; Built as residential single family
  • Exterior features: Patio; Front porch; Privacy fencing / fenced yard; Storage structure; Has a view

Interior

  • Kitchen: Dishwasher; Oven; Range; Refrigerator; Electric water heater
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (natural gas); Central electric cooling
  • Interior features: Breakfast bar; Built-in features; Gas fireplace in family room
  • Laundry & utility: Washer hookup; Dedicated laundry room

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $270k.

Deal economics

  • At list price, monthly cash flow is $100 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $233k (13.5% below list).
  • Recommended offer: $233k (13.5% below list) — sets the bar for 1% rule.
  • Cap rate 6.7% vs local median 4.0% in Savannah — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 86/100 on livability (#1 in GA, #397 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, commute A+; Watch: employment D, schools F.
  • Savannah-Chatham County (urban): math 20% / reading 26% proficiency, ranked #134 of 174 in GA (top 77%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: Rents rising (+3.6%/yr); 228 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,694 units permitted in Chatham County in 2024 (973 in 5+ unit buildings).
  • At $2,334/mo this rent would consume 53% of the median local household income ($53k/yr) (locally 1649% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Chatham County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 51 days — a 3% lower offer ($262k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 15y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $65k; list at $270k implies a 316% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $233,421 (13.5% below list)

Questions for the listing agent

  1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
  2. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.86%
Cap rate
6.74%
Cash-on-cash
1.59%
DSCR
1.07
GRM
9.6

CMA / ARV

ARV (median comp)
$270,601
List price
$269,900
Delta
-0.26%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1910 Linnhurst Dr 0.59mi 3/2.0 1,440 (-7%) 1mo $310,000 $215 60
2310 Coakley St 0.47mi 3/2.0 1,648 (+6%) 9mo $376,500 $228 60
2105 E 60th St 0.75mi 3/2.0 1,588 (+3%) 2mo $291,000 $183 59
3130 Robertson Ave 0.75mi 3/2.0 1,462 (-6%) 1mo $410,000 $280 55
2808 Whatley Ave 0.56mi 3/3.0 1,410 (-9%) 2mo $360,000 $255 54
2327 Toussaint Ave 0.73mi 3/2.0 1,632 (+6%) 6mo $310,000 $190 51
3010 Leonard St 0.64mi 3/2.0 1,715 (+11%) 3mo $390,000 $227 49
55 Saint Johns Ave 0.67mi 4/2.0 (+1) 1,659 (+7%) 9mo $320,000 $193 45
25 Saint Johns Ave 0.69mi 4/2.0 (+1) 1,404 (-9%) 4mo $285,000 $203 44
2301 Pinetree Rd 0.61mi 3/1.0 1,372 (-11%) 11mo $250,000 $182 39
2314 Shirley Dr 0.64mi 4/2.0 (+1) 1,384 (-10%) 11mo $299,900 $217 38
5012 Spartan Dr 0.63mi 3/1.5 1,320 (-15%) 11mo $215,000 $163 35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.62% rent growth · sell at horizon

5-year hold
IRR
-13.1%
Equity multiple
0.52×
Total profit
$-35,947
Equity at exit
$40,243
10-year hold
IRR
-3.3%
Equity multiple
0.77×
Total profit
$-17,181
Equity at exit
$23,336

Cash invested: $75,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State Georgia
90 Strongly Landlord-Friendly · R+3
County
— inherits STATE
City
— inherits STATE
Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

ZIP-level market 31404

Rents YoY
3.6%
Active inventory
228
Price-to-rent
9.6×

Monthly cashflow live

Estimated rent
$2,334 high interval (Pro) →
Mortgage (P&I)
$1,415
Tax from tax record
$216 /mo · $2,596/yr
Insurance
$112
HOA
$0
Vacancy / Maint / Mgmt
$490
Net cashflow
$100

Break-even live

Break-even rent $2,208
Max offer price $269,900
Occupancy floor 91%

Sensitivity live

Price -10% $253 -5% $176 +0% $100 +5% $23 +10% $-53
Rent -10% $-85 -5% $8 +0% $100 +5% $192 +10% $284
Rate -1.0pp $236 -0.5pp $169 base $100 +0.5pp $30 +1.0pp $-41

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$67,475
Closing costs
$8,097
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
24 N Parkwood Dr Savannah, GA 3.0 2.0 1277 $2,200 $1.72 15d 1 0.10mi
3715 Skidaway Rd Savannah, GA 3.0 2.0 1154 $1,895 $1.64 25d 1 0.30mi
2337 Shirley Dr Savannah, GA 3.0 2.0 1850 $2,600 $1.41 25d 1 0.59mi
5020 La Roche Ave Savannah, GA 3.0 2.5 2170 $3,350 $1.54 15d 1 0.60mi
2112 Clars Ave Unit A Savannah, GA 2.0 1.0 1500 $1,700 $1.13 45d 1 0.64mi
1904 E 51st St Savannah, GA 4.0 2.5 1800 $2,300 $1.28 15d 1 0.65mi
2345 Ranchland Dr Savannah, GA 3.0 1.0 1098 $2,100 $1.91 15d 1 0.66mi
3712 Oakland Ct Savannah, GA 3.0 1.5 1903 $2,495 $1.31 15d 1 0.74mi
3601 Eastgate Dr Savannah, GA 3.0 2.0 1400 $2,500 $1.79 45d 1 0.77mi
2637 Evergreen Ave Savannah, GA 3.0 2.0 1642 $2,000 $1.22 45d 1 0.77mi
2110 E 56th St Savannah, GA 3.0 2.0 1140 $2,200 $1.93 45d 1 0.77mi
2902 River Dr Unit D301 Savannah, GA 3.0 2.0 1800 $4,700 $2.61 45d 1 0.80mi
3206 Robertson Ave Savannah, GA 4.0 3.0 2221 $5,500 $2.48 25d 1 0.84mi
2233 E De Renne Ave Savannah, GA 4.0 2.0 1476 $2,400 $1.63 25d 1 0.86mi
2220 E Victory Dr #24 Savannah, GA 2.0 1.5 1102 $1,700 $1.54 25d 1 0.87mi
2323 Downing Ave Savannah, GA 2.0–3.0 1.5–2.0 1014 $1,899 $1.87 15d 14 0.88mi
30 Pine Valley Rd Savannah, GA 3.0 1.0 1133 $1,950 $1.72 45d 1 0.93mi
2612 Dogwood Ave Savannah, GA 1.0–3.0 1.0–2.0 1020 $1,775 $1.74 15d 11 0.94mi
1901 E 57th St Savannah, GA 3.0 1.0 1215 $1,750 $1.44 45d 1 0.94mi
5505 Betty Dr Savannah, GA 3.0 2.0 1550 $1,859 $1.20 45d 1 0.98mi
2619 Livingston Ave Savannah, GA 3.0 1.5 1300 $1,555 $1.20 25d 1 0.99mi
1815 E 58th St Savannah, GA 3.0 2.0 1176 $2,400 $2.04 45d 1 0.99mi
2328 E 41st St Savannah, GA 2.0 1.0 1072 $1,700 $1.59 45d 1 1.02mi
1802 E 62nd St Savannah, GA 4.0 2.0 1475 $2,800 $1.90 46d 1 1.02mi
2033 E 41st St Savannah, GA 4.0 2.0 1448 $2,800 $1.93 45d 1 1.03mi
1534 E 53rd St Unit A Savannah, GA 3.0 2.0 1606 $2,950 $1.84 25d 1 1.11mi
2840 Wicklow St Savannah, GA 1.0–3.0 1.0–2.0 1071 $2,869 $2.68 15d 50 1.15mi
2201 E 37th St Savannah, GA 3.0 1.5 1424 $1,800 $1.26 25d 1 1.20mi
1507 E 51st St Savannah, GA 3.0 2.0 2135 $2,880 $1.35 45d 1 1.21mi
1413 E 55th St Savannah, GA 3.0 1.0 1100 $2,500 $2.27 45d 1 1.21mi
2222 Bacon Park Dr Savannah, GA 4.0 2.0 2246 $2,995 $1.33 45d 1 1.23mi
375 Laurel Oak Ln Thunderbolt, GA 3.0 2.5 1200 $1,800 $1.50 45d 1 1.24mi
1315 Bonaventure Rd Unit upstair Savannah, GA 2.0 1.0 1650 $1,500 $0.91 15d 1 1.24mi
1405 E 51st St Savannah, GA 3.0 2.0 1458 $2,850 $1.95 45d 1 1.29mi
1411 E 58th St Savannah, GA 3.0 2.0 1100 $1,900 $1.73 25d 1 1.32mi
2149 Vermont Ave Savannah, GA 3.0 2.0 1213 $1,955 $1.61 45d 1 1.36mi
1331 E 48th St Savannah, GA 3.0 2.0 1408 $3,450 $2.45 45d 1 1.40mi
5908 Fairview Ave Savannah, GA 3.0 2.0 1625 $1,950 $1.20 45d 1 1.40mi
1804 Georgia Ave Savannah, GA 3.0 2.0 1528 $2,950 $1.93 45d 1 1.43mi
114 Oleander Ave Unit Na Savannah, GA 3.0 1.0 1128 $2,100 $1.86 45d 1 1.44mi

Listing history 21 events

  1. 2026-06-21
    days on market $269,900 Active 51 DOM
  2. 2026-06-18
    days on market $269,900 Active 48 DOM
  3. 2026-06-17
    days on market $269,900 Active 47 DOM
  4. 2026-06-16
    days on market $269,900 Active 46 DOM
  5. 2026-06-15
    days on market $269,900 Active 45 DOM
  6. 2026-06-14
    days on market $269,900 Active 43 DOM
  7. 2026-06-13
    days on market $269,900 Active 42 DOM
  8. 2026-06-10
    days on market $269,900 Active 40 DOM
  9. 2026-06-09
    days on market $269,900 Active 39 DOM
  10. 2026-06-08
    days on market $269,900 Active 38 DOM
  11. 2026-06-07
    days on market $269,900 Active 37 DOM
  12. 2026-06-05
    days on market $269,900 Active 34 DOM
  13. 2026-06-03
    days on market $269,900 Active 33 DOM
  14. 2026-06-02
    days on market $269,900 Active 32 DOM
  15. 2026-06-01
    days on market $269,900 Active 31 DOM
  16. 2026-05-31
    days on market $269,900 Active 30 DOM
  17. 2026-05-30
    days on market $269,900 Active 29 DOM
  18. 2026-05-14
    historical Active Under Contract 1660-char remark
  19. 2026-04-30
    listed $269,900 Active 1660-char remark
  20. 2011-07-12
    soldstatus $64,900 195-char remark
    Show marketing remark (195 chars)

    This is a Fannie Mae Homepath property. Purchase for as little as 3% down! Approved for Homepath Mortgage and Homepath Renovation Mortgage Financing -over 1500sf, brick, sep LR, family room w/ fp

  21. 2011-04-06
    listed $64,900 195-char remark
    Show marketing remark (195 chars)

    This is a Fannie Mae Homepath property. Purchase for as little as 3% down! Approved for Homepath Mortgage and Homepath Renovation Mortgage Financing -over 1500sf, brick, sep LR, family room w/ fp

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast GA · Resets to sale price

Current annual tax
$2,596 · $216/mo
Projected year-2 tax
$2,596 · $216/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$28,011
− Mortgage interest
−$15,119
− Property taxes
−$2,596
− Insurance
−$1,350
− Repairs & maintenance
−$2,241
− Management
−$2,241
− Depreciation
−$7,852
Taxable loss
−$3,386
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$813
After-tax cash flow
$2,011/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Savannah-Chatham County
NCES district ID
1301020
Math proficiency
20% ▼ -11.00%
Reading proficiency
26% ▼ -5.00%
Median HH income
$47,443
Composite
20.14/100
National rank
#8639
State rank
#134 of 174 in GA

Livability — Savannah

Score
86/100
State rank
#1
US rank
#397

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime A+ Employment D Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Savannah, GA
County
Chatham County · 271,602 people
City population
216,564
Metro
Savannah, GA
Population (ZIP)
30,062
Household income
$53,303
Rent vs Own
49.8% rent · 50.2% own
Severe rent burden
1649.0

Population outlook (Chatham County) Hauer SSP2

Today (2025)
332,584 people
By 2030
355,508 · +6.9%
By 2040
400,030 · +20.3%
By 2050
443,019 · +33.2%
By 2075
534,579 · +60.7%
By 2100
583,863 · +75.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority Black (60%)
Race & ethnicity
Black 60% White 33% Two or more races 4% Hispanic / Latino 3% Asian 1%
Common ancestry
Romanian 2% Lithuanian 1% Slovak 1%
Foreign-born
4% · Canada, Vietnam
Languages at home
93% English-only · Spanish 3% Other Asian/Pacific 1% French/Haitian/Cajun 1%

Political lean MEDSL · Chatham

2024 margin
D (+18.0) · D 58.6% · R 40.6%
2008→2024 swing
+3.6pp toward D · 2008: 14.4pp · 2024: 18.0pp
All cycles
2024: D+18.0 2020: D+18.8 2016: D+14.5 2012: D+12.0 2008: D+14.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -187.86%
Current HPI
310.0764
Rent YoY
▲ 3.62%
Metro
Savannah, GA
State GDP YoY
▲ 2.66%
F500 in state
28

Industry mix (Fortune 500 HQ in GA)

Industry F500 HQs Revenue

Price history

+315.9% since first listed
5 events — show timeline
  • 2026-05-29 Relisted Hive MLS
  • 2026-05-14 Contingent Hive MLS
  • 2026-04-30 Listed $269,900 Hive MLS
  • 2011-07-12 Sold (MLS) $64,900 Hive MLS
  • 2011-04-06 Listed $64,900 Hive MLS

Property tax history

+9.5%/yr

Latest (2025): $2,596 · -12.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…