604 Honeysuckle LnStatesboroGA30458
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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 604 Honeysuckle Ln, Statesboro, GA, 30458 priced at $298,000 pairs $1,999/mo rent with $185/mo cash flow after a $1,459/mo payment. Total monthly income equals $1,999/mo, and annual cash flow comes to $2,219/yr on $98,787 invested. Return on cash invested is 22.15% in year one, and rental yield stands at 8.05% on a $298,000 basis. Equity gained on principal adds $1,923/yr, and 5% annual appreciation accumulates to $82,332 by year five. Five-year ROI measures 114.74% and total cumulative return in cash reaches $113,348. For financing, Ziffy Mortgage’s DSCR program evaluates $1,999/mo property income against a $1,459/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
0.56 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
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Listed by: N/A • N/A
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