1672 Goshen Rd APT B2AugustaGA30906
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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 1672 Goshen Rd APT B2, Augusta, GA, 30906 generates $985/mo in rent and, after a $636/mo payment, leaves $44/mo in cash flow. Total monthly income is $985/mo, and annual cash flow is $529/yr on $43,095 invested. Return on cash invested sits at 21.14% in year one, and rental yield is 9.09% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 110.89% and total cumulative return in cash sums $47,787. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $985/mo property income rather than buyer’s personal income.
Condo
Built in 1974
8,712 sqft lot
$N/A/sqft
$1,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30906, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,009 (100%) |
| Owner Occupied HU | 12,710 (50.8%) |
| Renter Occupied HU | 9,711 (38.8%) |
| Vacant Housing Units | 2,588 (10.3%) |
| Median Home Value | $130,607 |
| Average Home Value | $176,680 |
Housing Distribution
Address Breakdown
Residential
23,364
Single Family
23,363
Multi-Family
1
Businesses
1,291
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Listed by: Susan Arrington • Vandermorgan Realty
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #535830
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.