917 Porter St · Savannah, GA 31415

$150,000

2 bd · 1.0 ba · 1,040 sqft · SingleFamily public records · 4 Days on market

Built 1958 5,009 sqft lot Est $129k · 16% over

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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 +24.1/30.0
• DSCR +7.8/10.0
• 1% rule +6.2/10.0
• Livability +4.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• ARV discount +0.2/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Don't miss this beautifully renovated 3-bedroom, 1-bath single-family home offering 1,040 square feet of comfortable living space. Featuring modern updates and move-in ready appeal, this property presents an excellent opportunity for both homeowners and investors alike. Sold as-is, it offers strong potential for rental income, future appreciation, or a great starter home opportunity. Located in charming Savannah, residents can enjoy the perfect blend of historic character, vibrant culture, and Southern hospitality. From scenic parks and waterfront dining to thriving local shops and entertainment, Savannah offers an inviting lifestyle with timeless appeal and convenient access to everything the city has to offer.

Key facts

• 5,009 sq ft lot
• Garage
• Built 1958

Property features AI

Finance

• Other: Zoning: R6 (single-family)
• HOA & community: Subdivision: Carver Village

Exterior

• Parking: Garage; Carport with 1 space; Off-street parking
• Utilities: Public water; Public sewer; Cable available
• Home design: Single-family residence; One-story home; No common walls (no one above or below)
• Construction: Vinyl siding and other exterior materials; Composition roof; Slab foundation; Built as single-level construction
• Exterior features: Chain link fenced yard; Fenced lot; Level lot; Asphalt road frontage; Street lights in the neighborhood

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Refrigerator
• Bedrooms: 3 bedrooms on the main level
• Bathrooms: 1 full bathroom on the main level
• Heating & cooling: Central heating (electric, heat pump); Central electric cooling
• Interior features: Pantry; Accessible full bathroom
• Laundry & utility: Dedicated laundry room; Electric water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $295 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Cap rate 8.7% 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: 76 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,694 units permitted in Chatham County in 2024 (973 in 5+ unit buildings).
• At $1,686/mo this rent would consume 55% of the median local household income ($37k/yr) (locally 613% 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 $1k of loan paydown is wiped out by about $4k 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

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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 $12k; list at $150k implies a 1204% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• 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 $150,000

Questions for the listing agent

1. Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.12% ✓
• Cap rate: 8.66%
• Cash-on-cash: 8.44%
• DSCR: 1.38
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $128,960
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1006 Lynah St	0.10mi	3/1.0 (+1)	1,008 (-3%)	8mo	$100,000	$99	78
1002 Lynah St	0.08mi	3/1.0 (+1)	1,128 (+8%)	2mo	$100,000	$89	75
909 Googe St	0.11mi	3/1.0 (+1)	1,116 (+7%)	8mo	$65,000	$58	72
1219 Elliott Ave	0.37mi	2/1.0	972 (-6%)	8mo	$160,000	$165	66
1600 Sylvester Dr	0.35mi	3/2.0 (+1)	1,100 (+6%)	1mo	$98,000	$89	64
914 Bowden St	0.31mi	3/1.5 (+1)	1,008 (-3%)	12mo	$125,000	$124	64
105 Pitt St	0.44mi	3/1.0 (+1)	1,102 (+6%)	4mo	$35,000	$32	62
917 Elliott Ave	0.37mi	2/1.0	978 (-6%)	16mo	$95,000	$97	60
906 Cubbedge St	0.18mi	3/2.0 (+1)	1,140 (+10%)	12mo	$172,000	$151	57
17 Nelson St	0.27mi	3/2.0 (+1)	1,122 (+8%)	11mo	$220,000	$196	56
1025 Elliott Ave	0.36mi	2/2.0	900 (-14%)	5mo	$115,000	$128	52
1519 Cloverdale Dr	0.42mi	3/1.0 (+1)	925 (-11%)	17mo	$214,000	$231	43

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -3.5%
• Equity multiple: 0.87×
• Total profit: $-5,470
• Equity at exit: $22,365

10-year hold

• IRR: 6.2%
• Equity multiple: 1.47×
• Total profit: $19,562
• Equity at exit: $12,969

Cash invested: $42,000 (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.

Methodology + full state rankings →

ZIP-level market 31415

• Home prices YoY: -21.4%
• Active inventory: 76
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,686 high
• Mortgage (P&I): −$787
• Tax est. 1.5%: −$188 /mo · $2,250/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$354
• Net cashflow: $295

Break-even live

Break-even rent $1,312

Max offer price $150,000

Occupancy floor 77%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
911 Crosby St Savannah, GA	3.0	2.0	1116	$2,000	$1.79	43d	1	0.17mi
1013 Carroll St Savannah, GA	2.0	1.5	768	$1,400	$1.82	43d	1	0.19mi
808 Wexler St Savannah, GA	3.0	1.0	1204	$1,500	$1.25	43d	1	0.21mi
1520 Audubon Dr Savannah, GA	3.0	2.0	1325	$2,000	$1.51	23d	1	0.32mi
1437 Audubon Dr Savannah, GA	3.0	1.0	925	$1,575	$1.70	43d	1	0.34mi
905 Elliott Ave Savannah, GA	2.0	2.0	1032	$1,800	$1.74	43d	1	0.35mi
17 Dutton St Savannah, GA	3.0	1.0	990	$1,650	$1.67	13d	1	0.38mi
1402 New Castle St Savannah, GA	2.0	1.0	928	$1,500	$1.62	43d	1	0.83mi
1416 Chester St Savannah, GA	3.0	1.0	960	$1,600	$1.67	23d	1	0.89mi
2807 Ryals St Savannah, GA	3.0	2.0	1220	$1,650	$1.35	23d	1	0.89mi
1024 W 39th St Savannah, GA	2.0	1.0	860	$1,399	$1.63	23d	1	0.93mi
1019 W 35th St Unit B Savannah, GA	3.0	2.0	1071	$2,199	$2.05	13d	1	0.95mi
206 Ferrill St Savannah, GA	3.0	1.0	936	$1,450	$1.55	13d	1	0.97mi
40 Eagle St Savannah, GA	1.0–2.0	1.0	841	$1,331	$1.58	23d	6	1.00mi
226 Fell St Savannah, GA	3.0	1.0	1025	$1,695	$1.65	21d	1	1.04mi
909 W 36th St Savannah, GA	2.0	1.0	1404	$1,450	$1.03	43d	1	1.04mi
1109 W 41st St Savannah, GA	3.0	1.0	960	$1,620	$1.69	43d	1	1.07mi
1026 W 41st St Savannah, GA	3.0	1.0	1128	$1,500	$1.33	13d	1	1.08mi
1011 W 40th St Savannah, GA	3.0	2.0	1125	$1,995	$1.77	13d	1	1.09mi
1325 Exley St Savannah, GA	2.0–3.0	1.0–2.5	1193	$879	$0.74	21d	6	1.10mi
1325 Exley St Savannah, GA	3.0	2.0	1327	$1,156	$0.87	43d	2	1.10mi
2009 Eppinger St Savannah, GA	3.0	2.0	1144	$1,500	$1.31	23d	1	1.10mi
2123 Harden St Savannah, GA	2.0	1.0	1000	$1,550	$1.55	23d	1	1.15mi
2203 Harden St Unit A Savannah, GA	3.0	1.0	900	$2,100	$2.33	13d	1	1.16mi
2023 Gugel St Savannah, GA	3.0	2.0	1008	$1,900	$1.88	43d	1	1.17mi
120 Jenks St Savannah, GA	3.0	1.0	1042	$1,600	$1.54	43d	1	1.17mi
2221 Harden St Savannah, GA	3.0	1.0	1000	$1,550	$1.55	43d	1	1.17mi
714 W 38th St Savannah, GA	3.0	1.5	1200	$1,650	$1.38	23d	1	1.18mi
620 W 36th St Unit B Savannah, GA	3.0	1.0	812	$1,650	$2.03	43d	1	1.19mi
2011 Comet Ave Savannah, GA	3.0	2.0	1126	$2,400	$2.13	23d	1	1.20mi
1005 W Victory Dr Savannah, GA	3.0	2.0	1056	$1,950	$1.85	23d	1	1.21mi
540 Selma St Savannah, GA	2.0–5.0	2.0–5.0	790	$949	$1.20	23d	1	1.21mi
2014 Lewden St Savannah, GA	3.0	1.0	1164	$1,600	$1.37	23d	1	1.21mi
2705 Stevens St Savannah, GA	3.0	1.0	900	$1,585	$1.76	43d	1	1.22mi
620 W 38th St Unit B Savannah, GA	2.0	1.0	1076	$1,600	$1.49	43d	1	1.23mi
906 W Victory Dr Savannah, GA	3.0	2.0	1176	$2,400	$2.04	23d	1	1.25mi
513 W 35th St Savannah, GA	2.0	1.0	930	$1,450	$1.56	13d	1	1.26mi
513 W 35th St Unit A LOWER Savannah, GA	2.0	1.0	930	$1,350	$1.45	13d	1	1.26mi
508 Kline St Savannah, GA	2.0	2.0	900	$2,000	$2.22	13d	1	1.27mi
601 W 37th St Unit B Savannah, GA	2.0	2.0	1300	$2,000	$1.54	43d	1	1.28mi

Listing history 3 events

1. 2026-05-18
   listed $150,000 Active

   Show marketing remark (721 chars)

   Don't miss this beautifully renovated 3-bedroom, 1-bath single-family home offering 1,040 square feet of comfortable living space. Featuring modern updates and move-in ready appeal, this property presents an excellent opportunity for both homeowners and investors alike. Sold as-is, it offers strong potential for rental income, future appreciation, or a great starter home opportunity. Located in charming Savannah, residents can enjoy the perfect blend of historic character, vibrant culture, and Southern hospitality. From scenic parks and waterfront dining to thriving local shops and entertainment, Savannah offers an inviting lifestyle with timeless appeal and convenient access to everything the city has to offer.

2. 2026-05-18
   listed $150,000 New 721-char remark

   Show marketing remark (721 chars)

   Don't miss this beautifully renovated 3-bedroom, 1-bath single-family home offering 1,040 square feet of comfortable living space. Featuring modern updates and move-in ready appeal, this property presents an excellent opportunity for both homeowners and investors alike. Sold as-is, it offers strong potential for rental income, future appreciation, or a great starter home opportunity. Located in charming Savannah, residents can enjoy the perfect blend of historic character, vibrant culture, and Southern hospitality. From scenic parks and waterfront dining to thriving local shops and entertainment, Savannah offers an inviting lifestyle with timeless appeal and convenient access to everything the city has to offer.

3. 1974-01-01
   soldstatus $11,500

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

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 ≥109°F today · 18 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 7 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,232
• − Mortgage interest: −$8,402
• − Property taxes: −$2,250
• − Insurance: −$750
• − Repairs & maintenance: −$1,619
• − Management: −$1,619
• − Depreciation: −$4,364
• Taxable income: $1,229
• Est. tax owed @ 24.0%: −$295
• After-tax cash flow: $3,249/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): 11,082
• Household income: $37,109
• Rent vs Own: 56.1% rent · 43.9% own
• Severe rent burden: 613.0

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: Predominantly Black (89%)
• Race & ethnicity: Black 89% White 5% Hispanic / Latino 5% Two or more races 3%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 4%

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: ▼ -55.36%
• Current HPI: 203.0696
• Rent YoY: —
• Metro: Savannah, GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

Industry mix (Fortune 500 HQ in GA)

Industry	F500 HQs	Revenue
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+1204.3% since first listed

3 events — show timeline

• 2026-05-18 Listed $150,000 Hive MLS
• 2026-05-18 Listed $150,000 GAMLS
• 1974-01-01 Sold (Public Records) $11,500 Public Records