Real Estate Investing in Savannah, Georgia (31419)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 31419 (Savannah, GA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.6% vacancy may signal weakening demand.
What’s happening in Savannah, GA (31419)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 31419 Savannah
In practical terms, ZIP 31419 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $310K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 31419 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Looking more closely, 31419 offers a low basis, the region around Savannah has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A resilient renter share of 44% in 31419 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 31419 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Savannah:
Property Strategy for 31419
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $158,393 | $1,640 | 7.5% | — | $158,393 |
| 2BR | $222,980 | $1,800 | 5.8% | +11.6% | $111,490 |
| 3BR | $295,834 | $2,390 | 5.8% | +9.5% | $98,611 |
| 4BR | $375,950 | $2,730 | 5.2% | +8.6% | $93,988 |
| 5BR | $460,154 | — | — | +8.5% | $92,031 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 31419 Compare?
| Metric | 31419 | Savannah | Savannah, GA | Georgia |
|---|---|---|---|---|
| Home Value | $310,367 | $148,885 | N/A | $329,538 |
| 5-Year CAGR | 6.5% | 6.1% | N/A | 7.8% |
| Avg Rent | $1,586 | $1,749 | N/A | - |
| Cap Rate | 4.0% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 31419 (Savannah, GA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 31419 (Savannah, GA)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Chatham County
Manage rentals here? List your business →Cora Bett Thomas Property Management offers Savannah apartments and vacation rentals, including long-term homes, furnished executive rentals, historic properties, and vacation stays. summary from their website
Savannah Property Management offers residential property management services including marketing, tenant screening, rent collection, maintenance, accounting, and eviction. summary from their website
Stewart Property Management provides affordable housing throughout New Hampshire, Vermont, Maine, and Massachusetts. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $310,367 |
| Monthly Rent | $1,586 |
| Price-to-Rent | 16.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | -0.7% ▼ |
| 3-Year CAGR | +1.5% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 Rent Trends
| 1-Year | -4.5% ▼ |
| 3-Year CAGR | +0.3% ▲ |
| 5-Year CAGR | +4.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 31419
Population: 57,354
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 31419
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,871 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Savannah, GA?
Rent in Savannah, GA is around $1,586/mo. The resulting rent-to-value relationship with $310K pricing is reasonable for most investor models.
What real estate strategy is ideal for Savannah, GA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Savannah, GA. The numbers - $310K homes against $1,586/mo rents - support that play.
Are homes affordable in Savannah, GA?
Expect median prices around $310K in Savannah, GA. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
Is Savannah, GA a friendly market for rental owners?
Rental owners in Savannah, GA deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is Savannah, GA a good market for buy-and-hold investors?
Savannah, GA rates 3.0/5 for investability. With median values at $310K and rents near $1,586/mo, the market offers reasonable fundamentals for rental investors.
You know 31419 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 31419 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 31419 ranks in Savannah, GA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 31419 (Savannah)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 31419 (Savannah, GA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.