3614 Melbourne DrAugustaGA30906
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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 3614 Melbourne Dr, Augusta, GA, 30906 earns $238/mo cash flow from $1,199/mo rent with a $759/mo payment. Total monthly income totals $1,199/mo, and annual cash flow totals $2,853/yr on $51,383 capital. ROI tracks 25.46% on current figures, and rental yield reads 9.28% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 132.64% and total cumulative return in cash sums $68,152. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,199/mo property income instead of your personal income.
Single Family
Built in 1966
10,454 sqft 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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Listed by: Lee Kitchen • Meybohm Real Estate - North Augusta
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #539278
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.