512 Fox Court PathStatesboroGA30461
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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 512 Fox Court Path, Statesboro, GA, 30461 priced at $359,900 converts $2,998/mo rent into $765/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,998/mo, and annual cash flow totals $9,185/yr on $119,307 invested. Return on cash invested prints 27.61% in year one, and rental yield reads 10% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 144.16% and total cumulative return in cash sums $171,998. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,998/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.59 Acres lot
$N/A/sqft
$450 annually 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: Savannah Multi-List Corp
Mls Provider:
Mls ID: #328700
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.