1409 Maddox StAugustaGA30904
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1409 Maddox St, Augusta, GA, 30904 offers a 9.36% rental yield on a $182,000 purchase with $1,420/mo rent. Total monthly income registers $1,420/mo, and a $891/mo payment leaves $312/mo available for distribution. Annual cash flow reaches $3,745/yr on $60,333 to close, and return on cash invested stands at 26.12% in year one. Equity gained on principal adds $1,174/yr while 5% annual appreciation supports $50,283 over five years. Portfolio math shows five-year ROI at 136.06% and total cumulative return in cash at $82,089. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,420/mo property income against a $891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30904, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 4,820 (38.3%) |
| Renter Occupied HU | 5,935 (47.2%) |
| Vacant Housing Units | 1,831 (14.5%) |
| Median Home Value | $240,028 |
| Average Home Value | $285,185 |
Housing Distribution
Address Breakdown
Residential
10,986
Single Family
10,290
Multi-Family
696
Businesses
797
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices