1838 Phinizy RdAugustaGA30906
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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 1838 Phinizy Rd, Augusta, GA, 30906 offers a 13.99% rental yield on a $149,700 purchase with $1,745/mo rent. Total monthly income registers $1,745/mo, and a $733/mo payment leaves $787/mo available for distribution. Annual cash flow reaches $9,443/yr on $49,626 to close, and return on cash invested stands at 38.94% in year one. Equity gained on principal adds $966/yr while 5% annual appreciation supports $41,359 over five years. Portfolio math shows five-year ROI at 205.14% and total cumulative return in cash at $101,804. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,745/mo property income against a $733/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.81 Acres lot
$N/A/sqft
No 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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