2308 New York Ave · Savannah, GA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $963 – $1,789
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 18 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 7 days/yr
- Unhealthy air days in 30 yrs
- 8 days/yr
Risk factors via First Street. Map © Google.
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 +20.1/30.0
- ARV discount +15.0/15.0
- DSCR +6.4/10.0
- 1% rule +5.0/10.0
- 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
$197,500
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Recent Price Reduction! Welcome to 2308 New York Avenue — a centrally located Savannah property offering 3 bedrooms, 2 bathrooms, and approximately 1,287 square feet of living space. This home features original hardwood floors, updated double-pane energy-efficient windows, and an efficient package A/C unit, giving you a solid foundation with key improvements already in place. A standout feature is the long driveway leading to a paved backyard — a rare find — offering ample off-street parking and space for work vehicles, trailers, recreational equipment, or future enhancements. Just reduced to $197,500, this home is priced to reflect the opportunity for cosmetic updates and is being sold as-is. Ideal for cash or conventional buyers, as well as 1031 exchange investors looking for a value-add opportunity in a strong central location. Conveniently located with easy access to downtown Savannah, Truman Parkway, parks, shopping, and dining — this one offers serious upside potential.
Key facts
- Paved backyard
- Storage space
- Long driveway
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $198k.
Deal economics
- At list price, monthly cash flow is $246 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $198k).
- Recommended offer: $180k (9.0% below list) — sets the bar for market timing.
- Cap rate 7.8% 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 lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% 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).
- This rent runs 45% of the median local income ($53k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
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 115 days — a 9% lower offer ($180k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 11y 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 $128k; list at $198k implies a 54% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1946 — 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.
Questions for the listing agent
- It's been on market 115 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1946 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.00% ✓
- Cap rate
- 7.79%
- Cash-on-cash
- 5.33%
- DSCR
- 1.24
- GRM
- 8.3
CMA / ARV
- ARV (median comp)
- $262,979
- List price
- $197,500
- Delta
- -24.90%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2320 Alabama Ave | 0.07mi | 3/2.0 | 1,184 (-8%) | 4mo | $272,500 | $230 | 80 |
| 2148 Tennessee Ave | 0.25mi | 4/2.0 (+1) | 1,307 (+2%) | 1mo | $299,400 | $229 | 80 |
| 2110 Louisiana Ave | 0.26mi | 4/2.0 (+1) | 1,316 (+2%) | 3mo | $319,900 | $243 | 77 |
| 2232 E Gwinnett St | 0.31mi | 3/2.0 | 1,212 (-6%) | 2mo | $262,000 | $216 | 74 |
| 2201 Alaska St | 0.25mi | 3/1.5 | 1,200 (-7%) | 2mo | $142,000 | $118 | 73 |
| 2120 Vermont Ave | 0.36mi | 4/2.0 (+1) | 1,324 (+3%) | 3mo | $315,000 | $238 | 71 |
| 2238 Alaska St | 0.21mi | 2/1.0 (-1) | 1,185 (-8%) | 1mo | $145,000 | $122 | 67 |
| 616 Virginia Ave | 0.57mi | 3/1.5 | 1,331 (+3%) | 1mo | $365,000 | $274 | 65 |
| 2027 Vermont Ave | 0.45mi | 3/2.0 | 1,413 (+10%) | 3mo | $310,000 | $219 | 60 |
| 2130 Hanson St | 0.41mi | 3/1.0 | 1,140 (-11%) | 1mo | $253,000 | $222 | 57 |
| 1804 E Henry St | 0.73mi | 2/2.0 (-1) | 1,309 (+2%) | 4mo | $390,000 | $298 | 55 |
| 2209 E 37th St | 0.49mi | 2/2.0 (-1) | 1,450 (+13%) | 2mo | $345,000 | $238 | 49 |
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
- IRR
- -7.3%
- Equity multiple
- 0.73×
- Total profit
- $-15,099
- Equity at exit
- $29,448
- IRR
- 3.0%
- Equity multiple
- 1.22×
- Total profit
- $12,194
- Equity at exit
- $17,076
Cash invested: $55,300 (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
ZIP-level market 31404
- Rents YoY
- 3.6%
- Active inventory
- 226
- Price-to-rent
- 8.3×
Monthly cashflow live
- Estimated rent
- $1,982 high interval (Pro) →
- Mortgage (P&I)
- −$1,036
- Tax from tax record
- −$202 /mo · $2,425/yr
- Insurance
- −$82
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$416
- Net cashflow
- $246
Break-even live
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
- $49,375
- Closing costs
- $5,925
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2201 Mississippi Ave Savannah, GA | 2.0 | 1.0 | 1005 | $1,595 | $1.59 | 43d | 1 | 0.16mi |
| 2503 Mississippi Ave Savannah, GA | 3.0 | 1.5 | 1373 | $1,800 | $1.31 | 43d | 1 | 0.20mi |
| 1804 Georgia Ave Savannah, GA | 3.0 | 2.0 | 1528 | $2,950 | $1.93 | 43d | 1 | 0.22mi |
| 37 Altman Cir Savannah, GA | 2.0 | 2.0 | 879 | $1,750 | $1.99 | 43d | 1 | 0.28mi |
| 2137 Bolling St Savannah, GA | 3.0 | 1.0 | 1204 | $1,575 | $1.31 | 23d | 1 | 0.31mi |
| 2149 Vermont Ave Savannah, GA | 3.0 | 2.0 | 1213 | $1,955 | $1.61 | 43d | 1 | 0.34mi |
| 1315 Bonaventure Rd Unit upstair Savannah, GA | 2.0 | 1.0 | 1650 | $1,500 | $0.91 | 13d | 1 | 0.45mi |
| 2010 Vermont Ave Savannah, GA | 2.0 | 1.0 | 892 | $1,690 | $1.89 | 43d | 1 | 0.48mi |
| 2201 E 37th St Savannah, GA | 3.0 | 1.5 | 1424 | $1,800 | $1.26 | 23d | 1 | 0.51mi |
| 375 Laurel Oak Ln Thunderbolt, GA | 3.0 | 2.5 | 1200 | $1,800 | $1.50 | 43d | 1 | 0.62mi |
| 2328 E 41st St Savannah, GA | 2.0 | 1.0 | 1072 | $1,700 | $1.59 | 43d | 1 | 0.66mi |
| 1810 E 32nd St Savannah, GA | 3.0 | 1.5 | 1218 | $3,000 | $2.46 | 23d | 1 | 0.75mi |
| 2033 E 41st St Savannah, GA | 4.0 | 2.0 | 1448 | $2,800 | $1.93 | 43d | 1 | 0.77mi |
| 2220 E Victory Dr #24 Savannah, GA | 2.0 | 1.5 | 1102 | $1,700 | $1.54 | 23d | 1 | 0.80mi |
| 2800 Capital St Savannah, GA | 1.0–3.0 | 1.0 | 980 | $1,650 | $1.68 | 43d | 1 | 0.84mi |
| 2323 Downing Ave Savannah, GA | 2.0–3.0 | 1.5–2.0 | 1014 | $1,899 | $1.87 | 13d | 14 | 0.86mi |
| 1704 E 31st St Savannah, GA | 3.0 | 2.0 | 1137 | $2,350 | $2.07 | 43d | 1 | 0.88mi |
| 2637 Evergreen Ave Savannah, GA | 3.0 | 2.0 | 1642 | $2,000 | $1.22 | 43d | 1 | 0.90mi |
| 1612 Skidaway Rd Savannah, GA | 2.0 | 1.0 | 1453 | $1,800 | $1.24 | 43d | 1 | 0.93mi |
| 1655 McKinnon Dr Savannah, GA | 4.0 | 2.0 | 1292 | $1,795 | $1.39 | 23d | 1 | 0.94mi |
| 101 Forrest Ave Savannah, GA | 3.0 | 1.0 | 1367 | $1,895 | $1.39 | 43d | 1 | 0.99mi |
| 114 Oleander Ave Unit Na Savannah, GA | 3.0 | 1.0 | 1128 | $2,100 | $1.86 | 43d | 1 | 1.04mi |
| 2112 Clars Ave Unit A Savannah, GA | 2.0 | 1.0 | 1500 | $1,700 | $1.13 | 43d | 1 | 1.08mi |
| 1518 E Park Ave Savannah, GA | 2.0–3.0 | 1.0–2.5 | 1261 | $1,703 | $1.35 | 13d | 6 | 1.10mi |
| 2217 Beech St Savannah, GA | 2.0 | 1.0 | 959 | $1,850 | $1.93 | 23d | 1 | 1.11mi |
| 1502 E 31st St Savannah, GA | 3.0 | 2.0 | 1212 | $1,700 | $1.40 | 13d | 1 | 1.13mi |
| 1513 E 37th St Savannah, GA | 3.0 | 1.0 | 1268 | $1,775 | $1.40 | 43d | 1 | 1.18mi |
| 2612 Dogwood Ave Savannah, GA | 1.0–3.0 | 1.0–2.0 | 1020 | $1,775 | $1.74 | 13d | 11 | 1.19mi |
| 1403 E Anderson St Savannah, GA | 3.0 | 2.0 | 1300 | $2,400 | $1.85 | 44d | 1 | 1.23mi |
| 1401 E 33rd St Savannah, GA | 3.0 | 1.0 | 960 | $1,650 | $1.72 | 43d | 1 | 1.24mi |
| 2840 Wicklow St Savannah, GA | 1.0–3.0 | 1.0–2.0 | 1071 | $2,869 | $2.68 | 13d | 50 | 1.26mi |
| 2010 E President St Savannah, GA | 2.0 | 1.0–2.0 | 944 | $1,950 | $2.07 | 13d | 27 | 1.27mi |
| 16 Helmken St Savannah, GA | 3.0 | 1.0 | 924 | $1,850 | $2.00 | 13d | 1 | 1.27mi |
| 1436 E 42nd St Savannah, GA | 3.0 | 2.0 | 1447 | $2,290 | $1.58 | 13d | 1 | 1.32mi |
| 2002 E 51st St Unit Labs Savannah, GA | 3.0 | 1.0 | 1044 | $1,680 | $1.61 | 43d | 1 | 1.32mi |
| 1904 E 51st St Savannah, GA | 4.0 | 2.5 | 1800 | $2,300 | $1.28 | 13d | 1 | 1.36mi |
| 3608 Duane Ct Savannah, GA | 2.0 | 1.0 | 975 | $1,095 | $1.12 | 23d | 1 | 1.38mi |
| 3608 Duane Ct Unit C Savannah, GA | 2.0 | 1.0 | 975 | $1,095 | $1.12 | 43d | 1 | 1.38mi |
| 1226 E Henry St Unit B Savannah, GA | 2.0 | 1.0 | 882 | $1,300 | $1.47 | 43d | 1 | 1.38mi |
| 3601 Eastgate Dr Savannah, GA | 3.0 | 2.0 | 1400 | $2,500 | $1.79 | 43d | 1 | 1.41mi |
Listing history 29 events
-
2026-06-18days on market $197,500 Active 115 DOM
-
2026-06-17days on market $197,500 Active 114 DOM
-
2026-06-16days on market $197,500 Active 113 DOM
-
2026-06-15days on market $197,500 Active 112 DOM
-
2026-06-14days on market $197,500 Active 110 DOM
-
2026-06-13days on market $197,500 Active 109 DOM
-
2026-06-10days on market $197,500 Active 107 DOM
-
2026-06-09days on market $197,500 Active 106 DOM
-
2026-06-08days on market $197,500 Active 105 DOM
-
2026-06-07days on market $197,500 Active 104 DOM
-
2026-06-05days on market $197,500 Active 101 DOM
-
2026-06-03days on market $197,500 Active 100 DOM
-
2026-06-02days on market $197,500 Active 99 DOM
-
2026-06-01days on market $197,500 Active 98 DOM
-
2026-05-31days on market $197,500 Active 97 DOM
-
2026-05-30days on market $197,500 Active 96 DOM
-
2026-04-24price $197,500 1014-char remark
Show marketing remark (983 chars)
Price Reduction! Welcome to 2308 New York Avenue - a centrally located Savannah property offering 3 bedrooms, 2 bathrooms, and approximately 1,287 square feet of living space. This home features original hardwood floors, updated double-pane energy-efficient windows, and an efficient package A/C unit, giving you a solid foundation with key improvements already in place. A standout feature is the long driveway leading to a paved backyard - a rare find - offering ample off-street parking and space for work vehicles, trailers, recreational equipment, or future enhancements. Just reduced to $197,500, this home is priced to reflect the opportunity for cosmetic updates and is being sold as-is. Ideal for cash or conventional buyers, as well as 1031 exchange investors looking for a value-add opportunity in a strong central location. Conveniently located with easy access to downtown Savannah, Truman Parkway, parks, shopping, and dining - this one offers serious upside potential.
-
2026-04-24price $197,500 983-char remark
Show marketing remark (983 chars)
Price Reduction! Welcome to 2308 New York Avenue - a centrally located Savannah property offering 3 bedrooms, 2 bathrooms, and approximately 1,287 square feet of living space. This home features original hardwood floors, updated double-pane energy-efficient windows, and an efficient package A/C unit, giving you a solid foundation with key improvements already in place. A standout feature is the long driveway leading to a paved backyard - a rare find - offering ample off-street parking and space for work vehicles, trailers, recreational equipment, or future enhancements. Just reduced to $197,500, this home is priced to reflect the opportunity for cosmetic updates and is being sold as-is. Ideal for cash or conventional buyers, as well as 1031 exchange investors looking for a value-add opportunity in a strong central location. Conveniently located with easy access to downtown Savannah, Truman Parkway, parks, shopping, and dining - this one offers serious upside potential.
-
2026-03-30price $202,500 1014-char remark
Show marketing remark (983 chars)
Price Reduction! Welcome to 2308 New York Avenue - a centrally located Savannah property offering 3 bedrooms, 2 bathrooms, and approximately 1,287 square feet of living space. This home features original hardwood floors, updated double-pane energy-efficient windows, and an efficient package A/C unit, giving you a solid foundation with key improvements already in place. A standout feature is the long driveway leading to a paved backyard - a rare find - offering ample off-street parking and space for work vehicles, trailers, recreational equipment, or future enhancements. Just reduced to $197,500, this home is priced to reflect the opportunity for cosmetic updates and is being sold as-is. Ideal for cash or conventional buyers, as well as 1031 exchange investors looking for a value-add opportunity in a strong central location. Conveniently located with easy access to downtown Savannah, Truman Parkway, parks, shopping, and dining - this one offers serious upside potential.
-
2026-03-30price $202,500 983-char remark
Show marketing remark (983 chars)
Price Reduction! Welcome to 2308 New York Avenue - a centrally located Savannah property offering 3 bedrooms, 2 bathrooms, and approximately 1,287 square feet of living space. This home features original hardwood floors, updated double-pane energy-efficient windows, and an efficient package A/C unit, giving you a solid foundation with key improvements already in place. A standout feature is the long driveway leading to a paved backyard - a rare find - offering ample off-street parking and space for work vehicles, trailers, recreational equipment, or future enhancements. Just reduced to $197,500, this home is priced to reflect the opportunity for cosmetic updates and is being sold as-is. Ideal for cash or conventional buyers, as well as 1031 exchange investors looking for a value-add opportunity in a strong central location. Conveniently located with easy access to downtown Savannah, Truman Parkway, parks, shopping, and dining - this one offers serious upside potential.
-
2026-02-22$207,500 New 983-char remark
Show marketing remark (983 chars)
Price Reduction! Welcome to 2308 New York Avenue - a centrally located Savannah property offering 3 bedrooms, 2 bathrooms, and approximately 1,287 square feet of living space. This home features original hardwood floors, updated double-pane energy-efficient windows, and an efficient package A/C unit, giving you a solid foundation with key improvements already in place. A standout feature is the long driveway leading to a paved backyard - a rare find - offering ample off-street parking and space for work vehicles, trailers, recreational equipment, or future enhancements. Just reduced to $197,500, this home is priced to reflect the opportunity for cosmetic updates and is being sold as-is. Ideal for cash or conventional buyers, as well as 1031 exchange investors looking for a value-add opportunity in a strong central location. Conveniently located with easy access to downtown Savannah, Truman Parkway, parks, shopping, and dining - this one offers serious upside potential.
-
2026-02-03$207,500 Active 1014-char remark
Show marketing remark (1014 chars)
Recent Price Reduction! Welcome to 2308 New York Avenue — a centrally located Savannah property offering 3 bedrooms, 2 bathrooms, and approximately 1,287 square feet of living space. This home features original hardwood floors, updated double-pane energy-efficient windows, and an efficient package A/C unit, giving you a solid foundation with key improvements already in place. A standout feature is the long driveway leading to a paved backyard — a rare find — offering ample off-street parking and space for work vehicles, trailers, recreational equipment, or future enhancements. Just reduced to $197,500, this home is priced to reflect the opportunity for cosmetic updates and is being sold as-is. Ideal for cash or conventional buyers, as well as 1031 exchange investors looking for a value-add opportunity in a strong central location. Conveniently located with easy access to downtown Savannah, Truman Parkway, parks, shopping, and dining — this one offers serious upside potential.
-
2021-12-10soldstatus $128,000
-
2021-12-08soldstatus $128,000
-
2021-02-15$150,000
-
2015-08-31soldstatus $65,000
-
2015-08-28soldstatus $65,000
-
2015-06-24$74,900
-
2002-03-01soldstatus $52,000
ⓘ 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
- $2,425 · $202/mo
- Projected year-2 tax
- $2,425 · $202/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 2/10 Low
- 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 5/10 Major 7 unhealthy d/yr today · 8 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
- $23,786
- − Mortgage interest
- −$11,063
- − Property taxes
- −$2,425
- − Insurance
- −$988
- − Repairs & maintenance
- −$1,903
- − Management
- −$1,903
- − Depreciation
- −$5,745
- Taxable loss
- −$241
- Est. tax savings @ 24.0%
- +$58
- After-tax cash flow
- $3,008/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
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
- 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
+279.8% since first listed13 events — show timeline
- 2026-04-24 Price Changed $197,500 Hive MLS
- 2026-04-24 Price Changed $197,500 GAMLS
- 2026-03-30 Price Changed $202,500 Hive MLS
- 2026-03-30 Price Changed $202,500 GAMLS
- 2026-02-22 Listed $207,500 GAMLS
- 2026-02-03 Listed $207,500 Hive MLS
- 2021-12-10 Sold (Public Records) $128,000 Public Records
- 2021-12-08 Sold (MLS) $128,000 Hive MLS
- 2021-02-15 Listed $150,000 Hive MLS
- 2015-08-31 Sold (Public Records) $65,000 Public Records
- 2015-08-28 Sold (MLS) $65,000 Hive MLS
- 2015-06-24 Listed $74,900 Hive MLS
- 2002-03-01 Sold (Public Records) $52,000 Public Records
Property tax history
+15.2%/yrLatest (2025): $2,425 · +26.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…