316 Wakefield Ln NMartinezGA30907
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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
Rental property for sale in Martinez at 316 Wakefield Ln N, Martinez, GA, 30907 priced at $349,000 converts $2,500/mo rent into $343/mo cash flow after a $1,708/mo obligation. Total monthly income equals $2,500/mo, and annual cash flow totals $4,114/yr on $115,694 invested. Return on cash invested prints 23.46% in year one, and rental yield reads 8.6% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 121.9% and total cumulative return in cash sums $141,036. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,500/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.50 Acres lot
$N/A/sqft
$340 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30907, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,466 (100%) |
| Owner Occupied HU | 14,900 (66.3%) |
| Renter Occupied HU | 6,466 (28.8%) |
| Vacant Housing Units | 1,100 ( 4.9%) |
| Median Home Value | $293,062 |
| Average Home Value | $333,486 |
Housing Distribution
Address Breakdown
Residential
21,397
Single Family
18,942
Multi-Family
2,455
Businesses
1,670
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Listed by: Pamela Lynn Lightsey • Jim Courson Realty
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #529332
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.