116 Spring Lakes DriveMartinezGA30907
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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 Martinez at 116 Spring Lakes Drive, Martinez, GA, 30907 offers a 9.57% rental yield on a $380,000 purchase with $3,029/mo rent. Total monthly income registers $3,029/mo, and a $1,860/mo payment leaves $716/mo available for distribution. Annual cash flow reaches $8,594/yr on $125,970 to close, and return on cash invested stands at 26.73% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 139.32% and total cumulative return in cash at $175,501. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,029/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.66 Acres 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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