2523 Elderberry DrAugustaGA30906
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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 2523 Elderberry Dr, Augusta, GA, 30906 uses $41,404 cash to close to unlock $2,769/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $1,001/mo, and a $611/mo payment keeps the spread at $231/mo. Purchase price stands at $124,900, and rental yield measures 9.62% with $1,001/mo rent. Return on cash invested shows 26.6% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 138.7% and total cumulative return in cash records $57,430. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,001/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1959
8,712 sqft 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: James Hadden • Jim Hadden Real Estate
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #539395
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.