1010 Hickman Rd APT B5AugustaGA30904
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 1010 Hickman Rd APT B5, Augusta, GA, 30904 in Augusta at $130,000 earns $1,370/mo in rent and nets $168/mo after the $585/mo payment, a 10.28% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $35,917 over five years. Ziffy Mortgage underwrites this on a 2.34 DSCR without U.S. credit history. With $1,197/yr in principal paydown, total projected return reaches $83,813.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 7.2% |
| Monthly Cash Flow | $168 | $450 |
City averages based on Augusta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,370 |
| Total Monthly Debt Service | $784 |
| DSCR Ratio | 1.75x |
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.
Apartment
Built in 1977
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30904, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 4,820 (38.3%) |
| Renter Occupied HU | 5,935 (47.2%) |
| Vacant Housing Units | 1,831 (14.5%) |
| Median Home Value | $240,028 |
| Average Home Value | $285,185 |
Housing Distribution
Address Breakdown
Residential
10,986
Single Family
10,290
Multi-Family
696
Businesses
797
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
Apartment
Built in 1977
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30904, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 4,820 (38.3%) |
| Renter Occupied HU | 5,935 (47.2%) |
| Vacant Housing Units | 1,831 (14.5%) |
| Median Home Value | $240,028 |
| Average Home Value | $285,185 |
Housing Distribution
Address Breakdown
Residential
10,986
Single Family
10,290
Multi-Family
696
Businesses
797
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices