1612 Princeton LnAugustaGA30904
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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 1612 Princeton Ln, Augusta, GA, 30904 offers $2,113/mo rent that, after a $672/mo payment, leaves $1,240/mo cash flow. Total monthly income is $2,113/mo, and annual cash flow is $14,874/yr on $45,535 cash. Return on cash invested measures 52.58% in year one, and rental yield stands at 18.46% at a $137,360 entry. Equity gained on principal adds $886/yr while 5% annual appreciation compounds into $37,950 by year five. Five-year ROI records 278.29% and total cumulative return in cash reaches $126,717. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,113/mo property income versus a $672/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
9,147 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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