1604 Central AveAugustaGA30904
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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 1604 Central Ave, Augusta, GA, 30904 generates $974/mo in rent and, after a $612/mo payment, leaves $154/mo in cash flow. Total monthly income is $974/mo, and annual cash flow is $1,849/yr on $41,438 invested. Return on cash invested sits at 24.37% in year one, and rental yield is 9.35% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 127.37% and total cumulative return in cash sums $52,781. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $974/mo property income rather than buyer’s personal income.
Single Family
Built in 1922
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
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Listed by: Steven Koleno • Beycome Brokerage Realty
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #545491
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.