3209 Gerald Dr EAugustaGA30906
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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 Augusta at 3209 Gerald Dr E, Augusta, GA, 30906 offers a 10.93% rental yield on a $165,500 purchase with $1,507/mo rent. Total monthly income registers $1,507/mo, and a $810/mo payment leaves $500/mo available for distribution. Annual cash flow reaches $5,997/yr on $54,863 to close, and return on cash invested stands at 30.84% in year one. Equity gained on principal adds $1,068/yr while 5% annual appreciation supports $45,725 over five years. Portfolio math shows five-year ROI at 161.33% and total cumulative return in cash at $88,512. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,507/mo property income against a $810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30906, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,009 (100%) |
| Owner Occupied HU | 12,710 (50.8%) |
| Renter Occupied HU | 9,711 (38.8%) |
| Vacant Housing Units | 2,588 (10.3%) |
| Median Home Value | $130,607 |
| Average Home Value | $176,680 |
Housing Distribution
Address Breakdown
Residential
23,364
Single Family
23,363
Multi-Family
1
Businesses
1,291
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