1106 Colony Place DrAugustaGA30907
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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 1106 Colony Place Dr, Augusta, GA, 30907 earns $1,036/mo cash flow from $2,086/mo rent with a $707/mo payment. Total monthly income totals $2,086/mo, and annual cash flow totals $12,427/yr on $47,902 capital. ROI tracks 45.85% on current figures, and rental yield reads 17.32% at a $144,500 purchase. Equity gained on principal adds $932/yr, and 5% annual appreciation supports $39,923 over five years. Five-year ROI reaches 243.44% and total cumulative return in cash sums $116,611. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,086/mo property income instead of your personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$170 monthly 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: Aurelia Vaill • Re/max True Advantage
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #528098
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.