315 Somera LnStatesboroGA30461
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
Investment Highlights
Rental property for sale in Statesboro at 315 Somera Ln, Statesboro, GA, 30461 priced at $389,900 converts $2,640/mo rent into $267/mo cash flow after a $1,908/mo obligation. Total monthly income equals $2,640/mo, and annual cash flow totals $3,208/yr on $129,252 invested. Return on cash invested prints 22.39% in year one, and rental yield reads 8.13% against a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation compiles into $107,722 by year five. Five-year ROI reaches 116.03% and total cumulative return in cash sums $149,965. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $1,908/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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: N/A • Smith Family Homes
Mls Name: Lamar Smith Signature Homes
Mls Provider:
Mls ID: #N/A