1017 Stevens Creek Rd UNIT G187AugustaGA30907
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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
Investment property for sale in Augusta at 1017 Stevens Creek Rd UNIT G187, Augusta, GA, 30907 listed at $104,900 pairs $812/mo rent with a $513/mo payment to leave $161/mo cash flow. Total monthly income runs $812/mo, and annual cash flow reaches $1,936/yr on $34,774 cash to close. Return on cash invested measures 25.48% in year one, and rental yield registers 9.29% at a $104,900 basis. Equity gained on principal adds $677/yr, and annual property appreciation at 5% supports $28,982 by year five. Five-year ROI tracks 132.81% and total cumulative return in cash totals $46,182. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $812/mo property income relative to a $513/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30907, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,466 (100%) |
| Owner Occupied HU | 14,900 (66.3%) |
| Renter Occupied HU | 6,466 (28.8%) |
| Vacant Housing Units | 1,100 ( 4.9%) |
| Median Home Value | $293,062 |
| Average Home Value | $333,486 |
Housing Distribution
Address Breakdown
Residential
21,397
Single Family
18,942
Multi-Family
2,455
Businesses
1,670
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Listed by: Drew Williamson • Better Homes & Gardens Executive Partners
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #544499
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.