2329 Sumac DrAugustaGA30906
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
Rental property for sale in Augusta at 2329 Sumac Dr, Augusta, GA, 30906 priced at $155,000 converts $2,176/mo rent into $1,232/mo cash flow after a $759/mo obligation. Total monthly income equals $2,176/mo, and annual cash flow totals $14,787/yr on $51,383 invested. Return on cash invested prints 48.69% in year one, and rental yield reads 16.85% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 257.11% and total cumulative return in cash sums $132,112. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,176/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.30 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: Shantel Jackson • Realty One Group Visionaries
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #533704
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