212 Manchester Dr, Lot 2StatesboroGA30461
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 212 Manchester Dr, Lot 2, Statesboro, GA, 30461 in Statesboro earns a 9.11% gross yield at $347,900. Rent of $2,640/mo nets $523/mo after the $1,564/mo mortgage. The 1.69 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $96,118 and $3,204/yr in equity accumulation project a total cumulative return of $165,433.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $523 | $250 |
City averages based on Statesboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,640 |
| Total Monthly Debt Service | $1,979 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
0.57 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
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
Single Family
Built in 2025
0.57 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: Kristen P. Bashlor Brown • Berkshire Hathaway Home Servic
Mls Name: Hive MLS
Mls ID: #SA337142