1924 Chatsworth CtStatesboroGA30461
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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 1924 Chatsworth Ct, Statesboro, GA, 30461 uses $148,844 cash to close to unlock $3,011/yr annual cash flow and $251/mo monthly cash flow. Total monthly income runs $2,984/mo, and a $2,198/mo payment keeps the spread at $251/mo. Purchase price stands at $449,000, and rental yield measures 7.98% with $2,984/mo rent. Return on cash invested shows 21.93% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 113.54% and total cumulative return in cash records $169,000. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,984/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.72 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: Gin Starling McPhail • eXp Realty
Mls Name: GAMLS
Mls ID: #10577333