2402 Wheeless RdAugustaGA30906
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 2402 Wheeless Rd, Augusta, GA, 30906 uses $46,708 cash to close to unlock $3,289/yr annual cash flow and $274/mo monthly cash flow. Total monthly income runs $1,132/mo, and a $690/mo payment keeps the spread at $274/mo. Purchase price stands at $140,900, and rental yield measures 9.64% with $1,132/mo rent. Return on cash invested shows 26.95% in year one, and 5% annual appreciation builds toward $38,928 over five years. Five-year ROI reaches 140.59% and total cumulative return in cash records $65,669. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,132/mo property income covering a $690/mo payment rather than investor’s personal income.
Single Family
Built in 1949
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices