The supplied current Zillow snapshot puts Statesboro's typical home value (ZHVI) at $278,654 and typical observed market rent (ZORI) at $1,490 per month. This pairing produces a 6.4% gross yield before every operating cost. Against ACS median household income, ZHVI is 6.2x income and annual ZORI equals 40.0% of income. These are broad affordability screens, not a buyer's payment or a tenant's actual budget.
The city's occupied housing is 77.9% renter occupied, and 10.6% of city housing units are vacant. The ACS median gross rent is $944, covering surveyed occupied housing and including contract rent plus selected utilities. Its $197,900 median home value is an owner-reported survey measure. That citywide tenure and vacancy context cannot establish a particular rental's leasing speed. These ACS measures are not the same measure or period as Zillow's typical city home value and observed market rent; do not average or substitute them in underwriting.
Citywide ACS reports that 48.3% of renter households spend 30% or more of income on rent. Single-family units constitute 40.1% of stock and large multifamily units 15.7%. Of 1,489 vacant units, 214, or 14.4%, are classified for rent and 64 are seasonal; these ACS survey reasons describe housing stock and household conditions, not listings, purchase inventory, or a specific rental's leasing speed. Population changed 8.4% between overlapping ACS five-year vintages; it is not annualized and may reflect boundary changes. Median household income is $44,737, poverty is 36.0%, and unemployment is 9.0%; these are descriptive demand constraints, not proof of a household's income, job stability, or lease outcome.
In Bulloch County, the county property-tax rate is 0.8%, and county Realtor context shows 305 active listings; these are county conditions, not a city tax bill or city inventory. The Statesboro metro has 2.9 months of supply, a broader metro signal rather than city transaction evidence. The national 30-year mortgage rate is 6.7%, a national financing benchmark rather than a Statesboro borrower's quoted rate.
The main limitation is that Zillow is a city typical-market series, ACS is surveyed housing context, and county, metro, and national figures use wider, noninterchangeable geographies. Before using the gross-yield screen on an address, verify current achievable rent, lease terms, concessions, vacancy history, utilities, insurance, the assessed property-tax bill, financing quote, repairs, capital needs, zoning, condition, flood or other hazard exposure, and property-specific comparable sales and rents. Confirm the actual asset fits the intended use and local requirements.