3202 Clarence DrAugustaGA30909
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3202 Clarence Dr, Augusta, GA, 30909 in Augusta speaks for itself: 13.76% gross on a $140,000 price, generating $1,606/mo in rent and $754/mo in net income after the $630/mo debt service. DSCR 2.55, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,042 stacks alongside $38,679 in projected five-year appreciation and $1,289/yr in principal reduction. Projected total cumulative return: $101,556.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 7.2% |
| Monthly Cash Flow | $754 | $450 |
City averages based on Augusta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,606 |
| Total Monthly Debt Service | $796 |
| DSCR Ratio | 2.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1951
0.37 Acres 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
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
Single Family
Built in 1951
0.37 Acres 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