2516 Commons TrceAugustaGA30909
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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 Augusta at 2516 Commons Trce, Augusta, GA, 30909 uses $80,555 cash to close to unlock $4,375/yr annual cash flow and $365/mo monthly cash flow. Total monthly income runs $1,881/mo, and a $1,189/mo payment keeps the spread at $365/mo. Purchase price stands at $243,000, and rental yield measures 9.29% with $1,881/mo rent. Return on cash invested shows 25.34% in year one, and 5% annual appreciation builds toward $67,136 over five years. Five-year ROI reaches 132.04% and total cumulative return in cash records $106,364. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,881/mo property income covering a $1,189/mo payment rather than investor’s personal income.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30909, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,222 (100%) |
| Owner Occupied HU | 10,138 (38.7%) |
| Renter Occupied HU | 13,522 (51.6%) |
| Vacant Housing Units | 2,562 ( 9.8%) |
| Median Home Value | $286,399 |
| Average Home Value | $306,999 |
Housing Distribution
Address Breakdown
Residential
25,614
Single Family
21,776
Multi-Family
3,838
Businesses
1,811
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Listed by: Micah Barber • Meybohm R E - Success Center
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #541654
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.