340 Lanier DrStatesboroGA30458
INVESTMENT ANALYSIS
Investment Verdict
Solid Income340 Lanier Dr, Statesboro, GA, 30458 in Statesboro is a solid income-producing rental, 9.53% gross yield, $2,216/mo rent, $518/mo net cash flow on a $279,000 buy. DSCR 1.77 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $77,083 and $2,570/yr in principal reduction project a total cumulative return of $139,004.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $518 | $250 |
City averages based on Statesboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,216 |
| Total Monthly Debt Service | $1,587 |
| DSCR Ratio | 1.40x |
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 1980
1 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
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 1980
1 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Logan Martin • Statesboro Real Estate & Investments
Mls Name: GAMLS
Mls ID: #10665656