Factor in financing to see your actual return on invested capital in Statesboro.
$
$70,000
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-7.29%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$78,400
$70,000 down + $8,400 closing
Monthly Mortgage
$1,369
on $210K loan
Monthly Cash Flow
$-476
after all expenses
Annual Cash Flow
$-5,713
before taxes
Cash Flow Breakdown
Monthly Rent$1,540
Less Expenses−$647
Less Mortgage−$1,369
Monthly Cash Flow$-476
Is Statesboro a Good Place to Invest in Rental Property?
Statesboro, GA has a population of 50,000 and has been growing at 0.9% annually — roughly in line with national trends, meaning demand is stable but not exceptional. The median home price of $280,000 paired with median rents of $1,540/mo produces an estimated cap rate of 4.46%.
Property taxes at 0.93% fall within the national average range and shouldn't present unusual challenges. The vacancy rate of 6.2% is moderate and within normal parameters for a healthy rental market.
At a price-to-income ratio of 5.7x, homes cost about 5.7 times the local median income of $49,350. This moderate ratio indicates a balanced rent-vs-buy market. Home values have appreciated at roughly 2.9% annually. Steady appreciation means total returns will be primarily cash flow-driven — the more sustainable model for long-term wealth building.
Bottom line: Statesboro presents moderate opportunities. Cap rates near 4.46% mean deals need careful sourcing — look for value-add rehabs or emerging neighborhoods where rents are climbing.
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