107 Bel Air DrStatesboroGA30461
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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
Investment Highlights
Rental property for sale in Statesboro at 107 Bel Air Dr, Statesboro, GA, 30461 generates $2,042/mo in rent and, after a $1,468/mo payment, leaves $217/mo in cash flow. Total monthly income is $2,042/mo, and annual cash flow is $2,599/yr on $99,417 invested. Return on cash invested sits at 22.52% in year one, and rental yield is 8.17% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 116.73% and total cumulative return in cash sums $116,044. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,042/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30461, Statesboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,075 (100%) |
| Owner Occupied HU | 4,468 (63.2%) |
| Renter Occupied HU | 2,104 (29.7%) |
| Vacant Housing Units | 503 ( 7.1%) |
| Median Home Value | $287,737 |
| Average Home Value | $300,445 |
Housing Distribution
Address Breakdown
Residential
7,064
Single Family
7,048
Multi-Family
16
Businesses
167
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Listed by: Michelle Baird • Chelle Realty
Mls Name: GAMLS
Mls ID: #10601820