1835 McDowell StreetAugustaGA30904
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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
Investment property for sale in Augusta at 1835 McDowell Street, Augusta, GA, 30904 uses $76,245 cash to close to unlock $1,895/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $1,558/mo, and a $1,126/mo payment keeps the spread at $158/mo. Purchase price stands at $230,000, and rental yield measures 8.13% with $1,558/mo rent. Return on cash invested shows 22.39% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 116.03% and total cumulative return in cash records $88,471. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,558/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1926
7,405 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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