515 College StWaynesboroGA30830
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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 Waynesboro at 515 College St, Waynesboro, GA, 30830 with 5% annual appreciation on a $119,000 basis while $947/mo rent supports operations. Total monthly income totals $947/mo and a $582/mo payment preserves $182/mo for cash returns. Annual cash flow comes to $2,186/yr on $39,449 deployed, and return on cash invested reaches 25.45% in year one. Equity gained on principal adds $768/yr, and five-year appreciation sums $32,878 alongside rental yield of 9.55%. Five-year ROI measures 132.98% and total cumulative return in cash totals $52,457.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $947/mo property income versus a $582/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30830, Waynesboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,001 (100%) |
| Owner Occupied HU | 3,968 (56.7%) |
| Renter Occupied HU | 2,305 (32.9%) |
| Vacant Housing Units | 728 (10.4%) |
| Median Home Value | $163,342 |
| Average Home Value | $272,109 |
Housing Distribution
Address Breakdown
Residential
6,198
Single Family
6,198
Multi-Family
0
Businesses
582
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Listed by: Joseph Merritt • Merritt Realty Co., Llc
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #537237
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.