117 Circle DrStatesboroGA30461
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
Investment Highlights
Rental property for sale in Statesboro at 117 Circle Dr, Statesboro, GA, 30461 priced at $260,000 pairs $2,056/mo rent with $473/mo cash flow after a $1,273/mo payment. Total monthly income equals $2,056/mo, and annual cash flow comes to $5,678/yr on $86,190 invested. Return on cash invested is 26.5% in year one, and rental yield stands at 9.49% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 138.08% and total cumulative return in cash reaches $119,009. For financing, Ziffy Mortgage’s DSCR program evaluates $2,056/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.76 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Loureena DeLoach • RE/MAX Eagle Creek Realty
Mls Name: GAMLS
Mls ID: #10593752