413 2nd StAugustaGA30901
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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 413 2nd St, Augusta, GA, 30901 listed at $106,000 pairs $816/mo rent with a $519/mo payment to leave $147/mo cash flow. Total monthly income runs $816/mo, and annual cash flow reaches $1,760/yr on $35,139 cash to close. Return on cash invested measures 24.92% in year one, and rental yield registers 9.24% at a $106,000 basis. Equity gained on principal adds $684/yr, and annual property appreciation at 5% supports $29,286 by year five. Five-year ROI tracks 129.92% and total cumulative return in cash totals $45,652. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $816/mo property income relative to a $519/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1911
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30901, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,525 (100%) |
| Owner Occupied HU | 1,788 (21.0%) |
| Renter Occupied HU | 5,343 (62.7%) |
| Vacant Housing Units | 1,394 (16.4%) |
| Median Home Value | $105,425 |
| Average Home Value | $171,661 |
Housing Distribution
Address Breakdown
Residential
7,423
Single Family
5,431
Multi-Family
1,992
Businesses
1,256
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Listed by: Rachel Furtick • Demure Real Estate
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #542462
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.