1718 Edenburg WayEvansGA30809
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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 Evans at 1718 Edenburg Way, Evans, GA, 30809 priced at $499,900 converts $3,210/mo rent into $89/mo cash flow after a $2,447/mo obligation. Total monthly income equals $3,210/mo, and annual cash flow totals $1,064/yr on $165,717 invested. Return on cash invested prints 20.55% in year one, and rental yield reads 7.71% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 106.36% and total cumulative return in cash sums $176,256. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,210/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 2015
9,147 sqft lot
$N/A/sqft
$649 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30809, Evans, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,572 (100%) |
| Owner Occupied HU | 16,095 (78.2%) |
| Renter Occupied HU | 3,475 (16.9%) |
| Vacant Housing Units | 1,002 ( 4.9%) |
| Median Home Value | $383,815 |
| Average Home Value | $409,900 |
Housing Distribution
Address Breakdown
Residential
19,780
Single Family
18,665
Multi-Family
1,115
Businesses
1,562
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Listed by: Jaime Putnam • Meybohm Real Estate - Evans
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #533479
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.