506 Delta Pine CourtStatesboroGA30461
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 506 Delta Pine Court, Statesboro, GA, 30461 offers $2,483/mo rent that, after a $1,640/mo payment, leaves $444/mo cash flow. Total monthly income is $2,483/mo, and annual cash flow is $5,325/yr on $111,052 cash. Return on cash invested measures 24.7% in year one, and rental yield stands at 8.89% at a $334,999 entry. Equity gained on principal adds $2,162/yr while 5% annual appreciation compounds into $92,554 by year five. Five-year ROI records 128.42% and total cumulative return in cash reaches $142,616. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,483/mo property income versus a $1,640/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.66 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
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Listed by: Paul Newman • Statesboro RE & Investment
Mls Name: Hive MLS
Mls ID: #SA346506