1628 Stanford 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 1628 Stanford Dr, Statesboro, GA, 30461 generates $3,460/mo in rent and, after a $2,594/mo payment, leaves $234/mo in cash flow. Total monthly income is $3,460/mo, and annual cash flow is $2,813/yr on $174,370 invested. Return on cash invested sits at 21.67% in year one, and rental yield is 7.83% on a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 112.14% and total cumulative return in cash sums $195,535. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,460/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
3.29 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: Patricia A. Hirsch • ERA Hirsch Real Estate Team
Mls Name: GAMLS
Mls ID: #10599912