300 Nevis DrAugustaGA30909
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Augusta at 300 Nevis Dr, Augusta, GA, 30909 offers $1,291/mo rent that, after a $888/mo payment, leaves $187/mo cash flow. Total monthly income is $1,291/mo, and annual cash flow is $2,241/yr on $60,167 cash. Return on cash invested measures 23.63% in year one, and rental yield stands at 8.54% at a $181,500 entry. Equity gained on principal adds $1,171/yr while 5% annual appreciation compounds into $50,145 by year five. Five-year ROI records 122.67% and total cumulative return in cash reaches $73,808. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,291/mo property income versus a $888/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices