1505 Dade 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
Rental property for sale in Augusta at 1505 Dade St, Augusta, GA, 30904 offers $987/mo rent that, after a $602/mo payment, leaves $202/mo cash flow. Total monthly income is $987/mo, and annual cash flow is $2,420/yr on $40,775 cash. Return on cash invested measures 25.84% in year one, and rental yield stands at 9.63% at a $123,000 entry. Equity gained on principal adds $794/yr while 5% annual appreciation compounds into $33,983 by year five. Five-year ROI records 134.97% and total cumulative return in cash reaches $55,033. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $987/mo property income versus a $602/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
6,098 sqft 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
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Listed by: Latasha Parnell • Meybohm Real Estate - Evans
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #538111
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.