229 Ellis StAugustaGA30901
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 229 Ellis St, Augusta, GA, 30901 at $220,000 posts ROI 31.39% with $698/mo cash flow from $2,099/mo rent. Total monthly income equals $2,099/mo, and annual cash flow records $8,372/yr on $72,930 to close. Return on cash invested measures 31.39% and rental yield reads 11.45% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 164.66% and total cumulative return in cash totals $120,083.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,099/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1918
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30901, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,525 (100%) |
| Owner Occupied HU | 1,788 (21.0%) |
| Renter Occupied HU | 5,343 (62.7%) |
| Vacant Housing Units | 1,394 (16.4%) |
| Median Home Value | $105,425 |
| Average Home Value | $171,661 |
Housing Distribution
Address Breakdown
Residential
7,423
Single Family
5,431
Multi-Family
1,992
Businesses
1,256
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Nearby investment properties with comparable prices
Listed by: Natalie Williams • Keller Knapp, Inc
Mls Name: GAMLS
Mls Provider:
Mls ID: #10411433
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2025 GAMLS. All rights reserved.