1823 Starnes StAugustaGA30904
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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 1823 Starnes St, Augusta, GA, 30904 priced at $177,000 pairs $1,248/mo rent with $131/mo cash flow after a $866/mo payment. Total monthly income equals $1,248/mo, and annual cash flow comes to $1,575/yr on $58,676 invested. Return on cash invested is 22.59% in year one, and rental yield stands at 8.46% on a $177,000 basis. Equity gained on principal adds $1,142/yr, and 5% annual appreciation accumulates to $48,902 by year five. Five-year ROI measures 117.47% and total cumulative return in cash reaches $68,927. For financing, Ziffy Mortgage’s DSCR program evaluates $1,248/mo property income against a $866/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1931
10,454 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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