1222 Jessie WayAugustaGA30906
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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
Rental property for sale in Augusta at 1222 Jessie Way, Augusta, GA, 30906 priced at $220,000 converts $1,986/mo rent into $572/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,986/mo, and annual cash flow totals $6,862/yr on $72,930 invested. Return on cash invested prints 29.32% in year one, and rental yield reads 10.83% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 153.61% and total cumulative return in cash sums $112,031. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,986/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Townhouse
Built in 2021
3,484 sqft lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30906, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,009 (100%) |
| Owner Occupied HU | 12,710 (50.8%) |
| Renter Occupied HU | 9,711 (38.8%) |
| Vacant Housing Units | 2,588 (10.3%) |
| Median Home Value | $130,607 |
| Average Home Value | $176,680 |
Housing Distribution
Address Breakdown
Residential
23,364
Single Family
23,363
Multi-Family
1
Businesses
1,291
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Listed by: Daniele Ennis • JASON MITCHELL REAL ESTATE
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #541126
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.