1209 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 1209 Colony Place Dr, Augusta, GA, 30907 uses $38,089 cash to close to unlock $2,353/yr annual cash flow and $196/mo monthly cash flow. Total monthly income runs $895/mo, and a $562/mo payment keeps the spread at $196/mo. Purchase price stands at $114,900, and rental yield measures 9.35% with $895/mo rent. Return on cash invested shows 26.09% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 135.95% and total cumulative return in cash records $51,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $895/mo property income covering a $562/mo payment rather than investor’s personal income.
Condo
Built in 1986
3,920 sqft 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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