1 7th St SUITE 1603AugustaGA30901
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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
Total monthly income runs $1,048/mo, and a $1,738/mo payment. Purchase price stands at $355,000, and rental yield measures 3.54% with $1,048/mo rent. Return on cash invested shows -4.7% in year one, and 5% annual appreciation builds toward $98,080 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,048/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Condo
Built in 1990
0.70 Acres lot
$N/A/sqft
$1,300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30901, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,525 (100%) |
| Owner Occupied HU | 1,788 (21.0%) |
| Renter Occupied HU | 5,343 (62.7%) |
| Vacant Housing Units | 1,394 (16.4%) |
| Median Home Value | $105,425 |
| Average Home Value | $171,661 |
Housing Distribution
Address Breakdown
Residential
7,423
Single Family
5,431
Multi-Family
1,992
Businesses
1,256
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Listed by: Gardelle Lewis • Meybohm Real Estate - Wheeler
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #531716
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.