2960 Old Thomson RdApplingGA30802
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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 Appling at 2960 Old Thomson Rd, Appling, GA, 30802 with 5% annual appreciation on a $494,500 basis while $2,198/mo rent supports operations. 97% in year one. Equity gained on principal adds $3,191/yr, and five-year appreciation sums $136,621 alongside rental yield of 5.33%. Five-year ROI measures 70.86% and total cumulative return in cash totals $116,157. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,198/mo property income versus a $2,420/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
7.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30802, Appling, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,968 (100%) |
| Owner Occupied HU | 2,279 (76.8%) |
| Renter Occupied HU | 269 ( 9.1%) |
| Vacant Housing Units | 420 (14.2%) |
| Median Home Value | $452,608 |
| Average Home Value | $479,122 |
Housing Distribution
Address Breakdown
Residential
2,740
Single Family
2,737
Multi-Family
3
Businesses
182
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Listed by: Andrea Lynne Johnson • RE/MAX Reinvented
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #539813
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