2499 Hancock Landing RdWaynesboroGA30830
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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 Waynesboro at 2499 Hancock Landing Rd, Waynesboro, GA, 30830 uses $94,478 cash to close to unlock $3,892/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $2,059/mo, and a $1,395/mo payment keeps the spread at $324/mo. Purchase price stands at $285,000, and rental yield measures 8.67% with $2,059/mo rent. Return on cash invested shows 24.03% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 124.84% and total cumulative return in cash records $117,942. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,059/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30830, Waynesboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,001 (100%) |
| Owner Occupied HU | 3,968 (56.7%) |
| Renter Occupied HU | 2,305 (32.9%) |
| Vacant Housing Units | 728 (10.4%) |
| Median Home Value | $163,342 |
| Average Home Value | $272,109 |
Housing Distribution
Address Breakdown
Residential
6,198
Single Family
6,198
Multi-Family
0
Businesses
582
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Listed by: Todd Lamb • Augusta Real Estate Co.
Mls Name: REALTORS of Greater Augusta
Mls ID: #545616