823 N Main StStatesboroGA30458
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
Investment property for sale in Statesboro at 823 N Main St, Statesboro, GA, 30458 with 5% annual appreciation on a $255,000 basis while $1,940/mo rent supports operations. Total monthly income totals $1,940/mo and a $1,248/mo payment preserves $388/mo for cash returns. Annual cash flow comes to $4,657/yr on $84,533 deployed, and return on cash invested reaches 25.42% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 9.13%. Five-year ROI measures 132.3% and total cumulative return in cash totals $111,836.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,940/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
0.46 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: John Quattlebaum • RE/MAX Eagle Creek Realty
Mls Name: GAMLS
Mls ID: #10632004