3108 Olde Brownstone CtAugustaGA30909
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
Investment property for sale in Augusta at 3108 Olde Brownstone Ct, Augusta, GA, 30909 uses $89,174 cash to close to unlock $557/yr annual cash flow and $46/mo monthly cash flow. Total monthly income runs $1,752/mo, and a $1,317/mo payment keeps the spread at $46/mo. Purchase price stands at $269,000, and rental yield measures 7.82% with $1,752/mo rent. Return on cash invested shows 20.53% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 106.4% and total cumulative return in cash records $94,883. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,752/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Townhouse
Built in 2010
N/A lot
$N/A/sqft
$200 quarterly 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
Listed by: Anthony Terrell Reid • Kings Chapel Realty, LLC
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #530435
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.