204 S Edgewood DrStatesboroGA30458
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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 204 S Edgewood Dr, Statesboro, GA, 30458 generates $2,654/mo in rent and, after a $2,055/mo payment, leaves $99/mo in cash flow. Total monthly income is $2,654/mo, and annual cash flow is $1,183/yr on $139,197 invested. Return on cash invested sits at 20.76% in year one, and rental yield is 7.58% on a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 107.28% and total cumulative return in cash sums $149,328. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,654/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30458, Statesboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,226 (100%) |
| Owner Occupied HU | 7,056 (33.2%) |
| Renter Occupied HU | 11,701 (55.1%) |
| Vacant Housing Units | 2,469 (11.6%) |
| Median Home Value | $256,340 |
| Average Home Value | $297,313 |
Housing Distribution
Address Breakdown
Residential
16,957
Single Family
15,418
Multi-Family
1,539
Businesses
1,531
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Listed by: Paul Newman • Statesboro RE & Investment
Mls Name: Savannah Multi-List Corp
Mls Provider:
Mls ID: #325367
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.