1 7th St SUITE 704AugustaGA30901
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1 7th St SUITE 704, Augusta, GA, 30901 in Augusta hard to pass up. The 10.91% gross yield on a $241,990 purchase results in $2,200/mo in rent and $676/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.02). Annual cash flow of $8,109, five-year appreciation of $66,857, and $2,229/yr in equity build-up combine for a projected total cumulative return of $135,419.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 7.2% |
| Monthly Cash Flow | $676 | $450 |
City averages based on Augusta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,200 |
| Total Monthly Debt Service | $1,428 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1990
1,437 sqft lot
$N/A/sqft
No 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
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
Condo
Built in 1990
1,437 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices