309 Flax StStatesboroGA30461
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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 309 Flax St, Statesboro, GA, 30461 with 5% annual appreciation on a $328,490 basis while $2,640/mo rent supports operations. Total monthly income totals $2,640/mo and a $1,608/mo payment preserves $641/mo for cash returns. Annual cash flow comes to $7,686/yr on $108,894 deployed, and return on cash invested reaches 26.97% in year one. Equity gained on principal adds $2,120/yr, and five-year appreciation sums $90,756 alongside rental yield of 9.64%. Five-year ROI measures 140.56% and total cumulative return in cash totals $153,065.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,640/mo property income versus a $1,608/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
9,147 sqft 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: Mandy Lane • ERA Hirsch Real Estate Team
Mls Name: GAMLS
Mls ID: #10648771