3857 Mike Padgett HwyAugustaGA30906
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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 3857 Mike Padgett Hwy, Augusta, GA, 30906 with 5% annual appreciation on a $188,770 basis while $1,804/mo rent supports operations. Total monthly income totals $1,804/mo and a $924/mo payment preserves $592/mo for cash returns. Annual cash flow comes to $7,109/yr on $62,577 deployed, and return on cash invested reaches 31.27% in year one. Equity gained on principal adds $1,218/yr, and five-year appreciation sums $52,154 alongside rental yield of 11.47%. Five-year ROI measures 164.09% and total cumulative return in cash totals $102,682.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,804/mo property income versus a $924/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.40 Acres 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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