1603 Lennox RdStatesboroGA30461
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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
Investment property for sale in Statesboro at 1603 Lennox Rd, Statesboro, GA, 30461 offers a 8.23% rental yield on a $475,000 purchase with $3,256/mo rent. Total monthly income registers $3,256/mo, and a $2,325/mo payment leaves $365/mo available for distribution. Annual cash flow reaches $4,380/yr on $157,463 to close, and return on cash invested stands at 22.69% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 117.61% and total cumulative return in cash at $185,191. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,256/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.62 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: Tony L Crosby • Statesboro Properties
Mls Name: GAMLS
Mls ID: #10534802