2106 Lovett DrAugustaGA30906
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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 2106 Lovett Dr, Augusta, GA, 30906 uses $57,018 cash to close to unlock $7,356/yr annual cash flow and $613/mo monthly cash flow. Total monthly income runs $1,660/mo, and a $842/mo payment keeps the spread at $613/mo. Purchase price stands at $172,000, and rental yield measures 11.58% with $1,660/mo rent. Return on cash invested shows 32.81% in year one, and 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 171.97% and total cumulative return in cash records $98,053. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,660/mo property income covering a $842/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.46 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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Listed by: Christopher Majors • Jim Hadden Real Estate
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #539670
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.