1409 Feldspar CtAugustaGA30909
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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 1409 Feldspar Ct, Augusta, GA, 30909 generates $2,435/mo in rent and, after a $1,483/mo payment, leaves $492/mo in cash flow. Total monthly income is $2,435/mo, and annual cash flow is $5,906/yr on $100,445 invested. Return on cash invested sits at 25.79% in year one, and rental yield is 9.64% on a $303,000 entry. Equity gained on principal adds $1,955/yr, while 5% annual appreciation builds toward $83,713 over five years. Five-year ROI reaches 134.7% and total cumulative return in cash sums $135,294. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,435/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
4,000 sqft lot
$N/A/sqft
$500 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: Jessica Thompson • Meybohm Real Estate - Evans
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #540610
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.