411 Lovelace DrThomsonGA30824
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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 Thomson at 411 Lovelace Dr, Thomson, GA, 30824 listed at $219,000 pairs $1,739/mo rent with a $1,072/mo payment to leave $406/mo cash flow. Total monthly income runs $1,739/mo, and annual cash flow reaches $4,872/yr on $72,599 cash to close. Return on cash invested measures 26.62% in year one, and rental yield registers 9.53% at a $219,000 basis. Equity gained on principal adds $1,413/yr, and annual property appreciation at 5% supports $60,506 by year five. Five-year ROI tracks 138.78% and total cumulative return in cash totals $100,749. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,739/mo property income relative to a $1,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30824, Thomson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,563 (100%) |
| Owner Occupied HU | 4,491 (59.4%) |
| Renter Occupied HU | 2,394 (31.7%) |
| Vacant Housing Units | 678 ( 9.0%) |
| Median Home Value | $183,383 |
| Average Home Value | $229,915 |
Housing Distribution
Address Breakdown
Residential
7,158
Single Family
7,023
Multi-Family
135
Businesses
694
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Listed by: Timothy Street • Olde South Properties & Investments
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #540615
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