501 Milledge RoadAugustaGA30904
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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 501 Milledge Road, Augusta, GA, 30904 at $157,900 posts ROI 28.78% with $387/mo cash flow from $1,348/mo rent. Total monthly income equals $1,348/mo, and annual cash flow records $4,642/yr on $52,344 to close. Return on cash invested measures 28.78% and rental yield reads 10.24% at the current $157,900. Equity gained on principal adds $1,019/yr, and 5% annual appreciation supports $43,625 by year five. Five-year ROI prints 150.28% and total cumulative return in cash totals $78,662.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,348/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1949
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30904, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 4,820 (38.3%) |
| Renter Occupied HU | 5,935 (47.2%) |
| Vacant Housing Units | 1,831 (14.5%) |
| Median Home Value | $240,028 |
| Average Home Value | $285,185 |
Housing Distribution
Address Breakdown
Residential
10,986
Single Family
10,290
Multi-Family
696
Businesses
797
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