2581 Old Riggs Mill RdStatesboroGA30458
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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 2581 Old Riggs Mill Rd, Statesboro, GA, 30458 generates $883/mo in rent and, after a $563/mo payment, leaves $183/mo in cash flow. Total monthly income is $883/mo, and annual cash flow is $2,196/yr on $38,123 invested. Return on cash invested sits at 25.67% in year one, and rental yield is 9.21% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 133.58% and total cumulative return in cash sums $50,925. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $883/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
3.99 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: Brian Dean • Century 21 Connect Realty
Mls Name: FMLS GA
Mls ID: #7668085