2100 Lake AvenueAugustaGA30904
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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 2100 Lake Avenue, Augusta, GA, 30904 generates $1,115/mo in rent and, after a $705/mo payment, leaves $238/mo in cash flow. Total monthly income is $1,115/mo, and annual cash flow is $2,861/yr on $47,736 invested. Return on cash invested sits at 25.9% in year one, and rental yield is 9.29% on a $144,000 entry. Equity gained on principal adds $929/yr, while 5% annual appreciation builds toward $39,785 over five years. Five-year ROI reaches 134.88% and total cumulative return in cash sums $64,386. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,115/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
0.28 Acres 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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