264 Goshen StLincolntonGA30817
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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 Lincolnton at 264 Goshen St, Lincolnton, GA, 30817 uses $82,875 cash to close to unlock $3,373/yr annual cash flow and $281/mo monthly cash flow. Total monthly income runs $1,803/mo, and a $1,224/mo payment keeps the spread at $281/mo. Purchase price stands at $250,000, and rental yield measures 8.65% with $1,803/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 124.58% and total cumulative return in cash records $103,246. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,803/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1948
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30817, Lincolnton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,118 (100%) |
| Owner Occupied HU | 2,479 (60.2%) |
| Renter Occupied HU | 695 (16.9%) |
| Vacant Housing Units | 944 (22.9%) |
| Median Home Value | $226,312 |
| Average Home Value | $312,256 |
Housing Distribution
Address Breakdown
Residential
3,557
Single Family
3,532
Multi-Family
25
Businesses
258
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Listed by: Sharon G Bryan • Southern Classic Realty
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #541251
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.