3370 Wedgewood DrAugustaGA30909
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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 3370 Wedgewood Dr, Augusta, GA, 30909 uses $76,245 cash to close to unlock $4,980/yr annual cash flow and $415/mo monthly cash flow. Total monthly income runs $1,873/mo, and a $1,126/mo payment keeps the spread at $415/mo. Purchase price stands at $230,000, and rental yield measures 9.77% with $1,873/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 138.13% and total cumulative return in cash records $105,319. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,873/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1961
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
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Listed by: Angela Sorapuru-Lopez • Re/max True Advantage
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #545470
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.