1301 E 70th St · Savannah, GA 31404

$205,000

3 bd · 1.0 ba · 1,295 sqft · SingleFamily public records · 17 Days on market

Built 1964 8,015 sqft lot Est $324k · 37% under

---

Why this score? — see what drove the C+ 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 +22.6/30.0
• ARV discount +15.0/15.0
• DSCR +7.3/10.0
• 1% rule +5.4/10.0
• Livability +4.3/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Ranch home ready for its next owner or investors! Ideally situated on a spacious corner lot in Midtown Savannah, this property offers a convenient location with quick access to Truman Parkway, Downtown Savannah, and both Candler and Memorial Hospitals. Located just 2 blocks from Medical Arts, this home is perfect for those seeking convenience and accessibility. The 3 bedroom, 2 bath home features a recently replaced HVAC system and water heater, along with plenty of potential to make it your own. This property is being sold as-is and is offered in its current condition.

Key facts

• Convenient location
• Corner lot
• 8,015 sq ft lot

Tags

• CORNER LOT
• CONVENIENT LOCATION
• QUICK ACCESS TO TRUMAN PARKWAY
• RECENTLY REPLACED HVAC SYSTEM
• RECENTLY REPLACED WATER HEATER

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer
• Home design: Single family residence; 1 story
• Construction: Brick construction; Slab foundation
• Exterior features: Wood fencing; In-ground pool; Corner lot; Asphalt road (publicly maintained)

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Heat pump; Electric cooling; Heat pump cooling
• Interior features: Electric water heater; Has view
• Laundry & utility: Washer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $351 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $205k).
• Recommended offer: $202k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.3% 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); 226 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 42% 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 $2,135/mo this rent would consume 48% 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 $1k of loan paydown is wiped out by about $6k 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 17 days — a 2% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 14y 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 $61k; list at $205k implies a 236% 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 $201,925 (1.5% below list)

Questions for the listing agent

1. Built in 1964 — 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. 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.
5. 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.
6. 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: 1.04% ✓
• Cap rate: 8.35%
• Cash-on-cash: 7.33%
• DSCR: 1.33
• GRM: 8.0

CMA / ARV

• ARV (on-the-fly): $323,750
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1107 Derenne Dr	0.21mi	3/2.0	1,331 (+3%)	2mo	$333,000	$250	80
1317 E 70th St	0.09mi	3/2.0	1,250 (-4%)	8mo	$316,000	$253	80
108 Walz Cir	0.62mi	3/1.5	1,314 (+2%)	3mo	$295,000	$225	64
1323 E 69th St	0.12mi	3/2.0	1,115 (-14%)	7mo	$307,000	$275	61
319 E Derenne Ave	0.55mi	3/2.0	1,290 (-0%)	10mo	$379,900	$294	61
347 Oxford Dr	0.40mi	3/1.0	1,460 (+13%)	2mo	$347,500	$238	59
128 Walz Cir	0.74mi	3/1.5	1,308 (+1%)	4mo	$265,000	$203	58
103 Pine Valley Rd	0.68mi	3/1.5	1,308 (+1%)	10mo	$310,000	$237	57
626 Mclaws St	0.67mi	3/2.0	1,236 (-5%)	2mo	$315,000	$255	55
507 E 63rd St	0.67mi	3/1.0	1,204 (-7%)	3mo	$330,000	$274	55
101 Timberline Dr	0.68mi	3/2.0	1,229 (-5%)	9mo	$170,000	$138	48
6 Redland Dr	0.58mi	3/2.0	1,133 (-12%)	4mo	$201,500	$178	45

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: -4.4%
• Equity multiple: 0.83×
• Total profit: $-9,565
• Equity at exit: $30,566

10-year hold

• IRR: 5.9%
• Equity multiple: 1.45×
• Total profit: $25,924
• Equity at exit: $17,725

Cash invested: $57,400 (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 31404

• Rents YoY: 3.6%
• Active inventory: 226
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $2,135 high
• Mortgage (P&I): −$1,075
• Tax from tax record: −$175 /mo · $2,105/yr
• Insurance: −$85
• HOA: −$0
• Vacancy / Maint / Mgmt: −$448
• Net cashflow: $351

Break-even live

Break-even rent $1,691

Max offer price $205,000

Occupancy floor 79%

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: $51,250
• Closing costs: $6,150
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1301 E 67th St Savannah, GA	3.0	2.0	1288	$1,800	$1.40	14d	1	0.13mi
1109 E 69th St Savannah, GA	2.0	1.0	1120	$1,800	$1.61	23d	1	0.19mi
1207 E DeRenne Ave Savannah, GA	3.0	1.0	946	$1,695	$1.79	21d	1	0.23mi
5416 Waters Dr Savannah, GA	3.0	1.0	1723	$2,000	$1.16	23d	1	0.35mi
130 Andover Dr Savannah, GA	3.0	2.0	1642	$2,300	$1.40	14d	1	0.52mi
317 Oxford Dr Savannah, GA	3.0	2.0	1413	$2,400	$1.70	44d	1	0.57mi
317 Oxford Dr Savannah, GA	3.0	2.0	1413	$2,400	$1.70	23d	1	0.57mi
1802 E 62nd St Savannah, GA	4.0	2.0	1475	$2,800	$1.90	44d	1	0.71mi
30 Pine Valley Rd Savannah, GA	3.0	1.0	1133	$1,950	$1.72	44d	1	0.74mi
637 Columbus Dr Savannah, GA	3.0	2.0	1600	$2,895	$1.81	14d	1	0.76mi
1411 E 58th St Savannah, GA	3.0	2.0	1100	$1,900	$1.73	23d	1	0.78mi
626 Columbus Dr Savannah, GA	2.0	1.0	1350	$1,975	$1.46	23d	1	0.81mi
329 E 63rd St Savannah, GA	3.0	2.0	1451	$2,515	$1.73	44d	1	0.82mi
6100 Waters Ave Savannah, GA	1.0–2.0	1.0–2.0	950	$1,558	$1.64	14d	7	0.87mi
1815 E 58th St Savannah, GA	3.0	2.0	1176	$2,400	$2.04	44d	1	0.88mi
2114 E 62nd St Savannah, GA	3.0	1.5	920	$1,995	$2.17	14d	1	0.92mi
2114 E 62nd St Savannah, GA	3.0	1.5	920	$1,995	$2.17	23d	1	0.92mi
206 Brandywine Rd Savannah, GA	4.0	2.0	1691	$3,100	$1.83	44d	1	0.92mi
2345 Ranchland Dr Savannah, GA	3.0	1.0	1098	$2,100	$1.91	14d	1	0.93mi
1901 E 57th St Savannah, GA	3.0	1.0	1215	$1,750	$1.44	44d	1	0.94mi
1413 E 55th St Savannah, GA	3.0	1.0	1100	$2,500	$2.27	44d	1	0.95mi
2337 Shirley Dr Savannah, GA	3.0	2.0	1850	$2,600	$1.41	23d	1	0.98mi
135 E Derenne Ave Savannah, GA	3.0	1.0	1245	$2,095	$1.68	44d	1	1.00mi
5545 Varn Dr Savannah, GA	3.0	1.0	1403	$2,195	$1.56	23d	1	1.02mi
524 Jackson Blvd Savannah, GA	3.0	2.0	1328	$1,995	$1.50	44d	1	1.02mi
105 E 66th St Savannah, GA	3.0	3.0	1470	$3,500	$2.38	14d	1	1.06mi
309 E 58th St Savannah, GA	3.0	2.0	1215	$2,200	$1.81	23d	1	1.07mi
2110 E 56th St Savannah, GA	3.0	2.0	1140	$2,200	$1.93	44d	1	1.11mi
1534 E 53rd St Unit A Savannah, GA	3.0	2.0	1606	$2,950	$1.84	23d	1	1.11mi
601 E 53rd St Unit 4 Savannah, GA	2.0	1.0	950	$1,800	$1.89	44d	1	1.14mi
122 E 62nd St Savannah, GA	1.0–2.0	1.0–2.5	832	$2,595	$3.12	14d	24	1.16mi
1405 E 51st St Savannah, GA	3.0	2.0	1458	$2,850	$1.95	44d	1	1.16mi
1402 E 51st St Unit 1 Savannah, GA	2.0	1.0	988	$2,100	$2.13	23d	1	1.18mi
120 E 61st St Savannah, GA	4.0	4.0	1750	$2,082	$1.19	44d	1	1.19mi
2233 E De Renne Ave Savannah, GA	4.0	2.0	1476	$2,400	$1.63	23d	1	1.21mi
3715 Skidaway Rd Savannah, GA	3.0	2.0	1154	$1,895	$1.64	23d	1	1.27mi
5505 Betty Dr Savannah, GA	3.0	2.0	1550	$1,859	$1.20	44d	1	1.28mi
5 Berkley Pl Savannah, GA	2.0	2.0	1706	$2,175	$1.27	44d	1	1.28mi
51 Columbus Dr Apt 1 Savannah, GA	2.0	1.0	960	$1,600	$1.67	14d	1	1.29mi
6803 Waters Ave Ph 05 Savannah, GA	4.0	2.0	1680	$2,150	$1.28	44d	1	1.30mi

Listing history 23 events

1. 2026-06-15
   statusdays on market $205,000 Pending 17 DOM
2. 2026-06-14
   days on market $205,000 Active 16 DOM
3. 2026-06-13
   days on market $205,000 Active 15 DOM
4. 2026-06-10
   days on market $205,000 Active 13 DOM
5. 2026-06-09
   days on market $205,000 Active 12 DOM
6. 2026-06-08
   days on market $205,000 Active 11 DOM
7. 2026-06-07
   days on market $205,000 Active 10 DOM
8. 2026-06-05
   days on market $205,000 Active 7 DOM
9. 2026-06-03
   days on market $205,000 Active 6 DOM
10. 2026-06-02
    days on market $205,000 Active 5 DOM
11. 2026-06-01
    days on market $205,000 Active 4 DOM
12. 2026-05-31
    days on market $205,000 Active 3 DOM
13. 2026-05-30
    days on market $205,000 Active 2 DOM
14. 2026-05-28
    listed $205,000 Active
15. 2024-07-21
    historical
16. 2024-07-21
    historical
17. 2024-07-08
    listed $210,000
18. 2024-07-08
    listed $210,000
19. 2024-02-08
    historical
20. 2024-01-18
    listed $236,500
21. 2013-05-01
    soldstatus $61,000
22. 2012-07-11
    listed $60,000
23. 1997-04-30
    soldstatus $60,000

ⓘ 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: $2,105 · $175/mo
• Projected year-2 tax: $2,105 · $175/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 4/10 Moderate FEMA zone X (unshaded) · 21% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥106°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

Taxation est. · year 1

• Rental income: $25,618
• − Mortgage interest: −$11,483
• − Property taxes: −$2,105
• − Insurance: −$1,025
• − Repairs & maintenance: −$2,049
• − Management: −$2,049
• − Depreciation: −$5,964
• Taxable income: $942
• Est. tax owed @ 24.0%: −$226
• After-tax cash flow: $3,981/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
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Price history

+241.7% since first listed

10 events — show timeline

• 2026-05-28 Listed $205,000 Hive MLS
• 2024-07-21 Listing Removed — Hive MLS
• 2024-07-21 Listing Removed — Hive MLS
• 2024-07-08 Listed $210,000 Hive MLS
• 2024-07-08 Listed $210,000 Hive MLS
• 2024-02-08 Listing Removed — Hive MLS
• 2024-01-18 Listed $236,500 Hive MLS
• 2013-05-01 Sold (MLS) $61,000 Hive MLS
• 2012-07-11 Listed $60,000 Hive MLS
• 1997-04-30 Sold (Public Records) $60,000 Public Records

Property tax history

+9.6%/yr

Latest (2025): $2,105 · +16.0% YoY. Source: county tax records.