1308 Newbern Dr #10AGrovetownGA30813
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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 Grovetown at 1308 Newbern Dr #10A, Grovetown, GA, 30813 offers a 14.24% rental yield on a $267,000 purchase with $3,168/mo rent. Total monthly income registers $3,168/mo, and a $1,307/mo payment leaves $1,301/mo available for distribution. Annual cash flow reaches $15,614/yr on $88,511 to close, and return on cash invested stands at 37.55% in year one. Equity gained on principal adds $1,723/yr while 5% annual appreciation supports $73,767 over five years. Portfolio math shows five-year ROI at 198.53% and total cumulative return in cash at $175,723. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,168/mo property income against a $1,307/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
4,356 sqft lot
$N/A/sqft
$2,900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30813, Grovetown, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,775 (100%) |
| Owner Occupied HU | 14,025 (70.9%) |
| Renter Occupied HU | 4,783 (24.2%) |
| Vacant Housing Units | 967 ( 4.9%) |
| Median Home Value | $333,337 |
| Average Home Value | $348,179 |
Housing Distribution
Address Breakdown
Residential
19,508
Single Family
19,146
Multi-Family
362
Businesses
586
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Listed by: Terri O'Neil • Ivey Realty Associates, Llc
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #530590
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.