236 Edwards DrEvansGA30809
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 Evans at 236 Edwards Dr, Evans, GA, 30809 priced at $199,900 converts $1,556/mo rent into $340/mo cash flow after a $978/mo obligation. Total monthly income equals $1,556/mo, and annual cash flow totals $4,077/yr on $66,267 invested. Return on cash invested prints 26.06% in year one, and rental yield reads 9.34% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 135.71% and total cumulative return in cash sums $89,929. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,556/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1953
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30809, Evans, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,572 (100%) |
| Owner Occupied HU | 16,095 (78.2%) |
| Renter Occupied HU | 3,475 (16.9%) |
| Vacant Housing Units | 1,002 ( 4.9%) |
| Median Home Value | $383,815 |
| Average Home Value | $409,900 |
Housing Distribution
Address Breakdown
Residential
19,780
Single Family
18,665
Multi-Family
1,115
Businesses
1,562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James E Thomas • David Greene Realty, Llc
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #539359
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.