1201 Summertime PlAugustaGA30909
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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 1201 Summertime Pl, Augusta, GA, 30909 offers a 8.8% rental yield on a $199,000 purchase with $1,460/mo rent. Total monthly income registers $1,460/mo, and a $974/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,976/yr on $65,969 to close, and return on cash invested stands at 22.9% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 119.34% and total cumulative return in cash at $78,726. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,460/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
3,484 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30909, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,222 (100%) |
| Owner Occupied HU | 10,138 (38.7%) |
| Renter Occupied HU | 13,522 (51.6%) |
| Vacant Housing Units | 2,562 ( 9.8%) |
| Median Home Value | $286,399 |
| Average Home Value | $306,999 |
Housing Distribution
Address Breakdown
Residential
25,614
Single Family
21,776
Multi-Family
3,838
Businesses
1,811
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Listed by: Martha Merry • Blanchard & Calhoun - Scott Nixon
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #540532
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.