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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Augusta at 2308 Hiwatha Dr, Augusta, GA, 30906 priced at $135,000 pairs $1,429/mo rent with $559/mo cash flow after a $661/mo payment. Total monthly income equals $1,429/mo, and annual cash flow comes to $6,712/yr on $44,753 invested. Return on cash invested is 34.91% in year one, and rental yield stands at 12.7% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 183.68% and total cumulative return in cash reaches $82,201. For financing, Ziffy Mortgage’s DSCR program evaluates $1,429/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30906, Augusta, GA area.
| 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 |
Residential
23,364
Single Family
23,363
Multi-Family
1
Businesses
1,291
Date | Event | Price |
|---|---|---|
| 2024-12-07 | Listed for sale | $135,000 |
| 2024-11-21 | Pending sale | $135,000 |
| 2024-11-19 | Listed for sale | $135,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | $1693.97 | 18.17% | $51,276 | 38.34% |
| 2022-01-09 | $1433.51 | 14.93% | $37,064 | 31.20% |
| 2021-01-09 | $1247.33 | -4.75% | $28,250 | N/A |
Listed by: Douglas Bryan Conner • Auben Realty, LLC
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #535772
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.
