102 Richmond DriveStathamGA30666
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 102 Richmond Drive, Statham, GA, 30666 in Statham: $2,910/mo in rent, $238/mo in net income, 8.03% gross yield, 1.49 DSCR, all at $434,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $120,155 in appreciation and $4,005/yr in principal paydown projects total cumulative return of $181,618.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.5% |
| Monthly Cash Flow | $238 | $1,200 |
City averages based on Statham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,910 |
| Total Monthly Debt Service | $2,474 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
10,062 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30666, Statham, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,739 (100%) |
| Owner Occupied HU | 3,851 (81.3%) |
| Renter Occupied HU | 659 (13.9%) |
| Vacant Housing Units | 229 ( 4.8%) |
| Median Home Value | $338,353 |
| Average Home Value | $412,445 |
Housing Distribution
Address Breakdown
Residential
4,479
Single Family
3,986
Multi-Family
493
Businesses
207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 2023
10,062 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30666, Statham, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,739 (100%) |
| Owner Occupied HU | 3,851 (81.3%) |
| Renter Occupied HU | 659 (13.9%) |
| Vacant Housing Units | 229 ( 4.8%) |
| Median Home Value | $338,353 |
| Average Home Value | $412,445 |
Housing Distribution
Address Breakdown
Residential
4,479
Single Family
3,986
Multi-Family
493
Businesses
207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices