1319 Solomon PlAugustaGA30901
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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 1319 Solomon Pl, Augusta, GA, 30901 with 5% annual appreciation on a $128,250 basis while $974/mo rent supports operations. Total monthly income totals $974/mo and a $628/mo payment preserves $193/mo for cash returns. Annual cash flow comes to $2,318/yr on $42,515 deployed, and return on cash invested reaches 25.36% in year one. Equity gained on principal adds $828/yr, and five-year appreciation sums $35,433 alongside rental yield of 9.11%. Five-year ROI measures 132.05% and total cumulative return in cash totals $56,141.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $974/mo property income versus a $628/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30901, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,525 (100%) |
| Owner Occupied HU | 1,788 (21.0%) |
| Renter Occupied HU | 5,343 (62.7%) |
| Vacant Housing Units | 1,394 (16.4%) |
| Median Home Value | $105,425 |
| Average Home Value | $171,661 |
Housing Distribution
Address Breakdown
Residential
7,423
Single Family
5,431
Multi-Family
1,992
Businesses
1,256
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Listed by: Brandi Nichole Ledford • Remax Reinvented
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #536574
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.