532 Bunchgrass StEvansGA30809
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing532 Bunchgrass St, Evans, GA, 30809 in Evans is a stable, well-positioned rental at $440,000. Rental yield 6.87%. DSCR 1.27 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $121,564 in value and $4,052/yr in principal paydown builds equity, a total projected return of $151,109.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 8.0% |
| Monthly Cash Flow | $(247) | $1,200 |
City averages based on Evans market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,518 |
| Total Monthly Debt Service | $2,590 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2016
6,969 sqft lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30809, Evans, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,572 (100%) |
| Owner Occupied HU | 16,095 (78.2%) |
| Renter Occupied HU | 3,475 (16.9%) |
| Vacant Housing Units | 1,002 ( 4.9%) |
| Median Home Value | $383,815 |
| Average Home Value | $409,900 |
Housing Distribution
Address Breakdown
Residential
19,780
Single Family
18,665
Multi-Family
1,115
Businesses
1,562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2016
6,969 sqft lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30809, Evans, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,572 (100%) |
| Owner Occupied HU | 16,095 (78.2%) |
| Renter Occupied HU | 3,475 (16.9%) |
| Vacant Housing Units | 1,002 ( 4.9%) |
| Median Home Value | $383,815 |
| Average Home Value | $409,900 |
Housing Distribution
Address Breakdown
Residential
19,780
Single Family
18,665
Multi-Family
1,115
Businesses
1,562
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erica Harris • Keller Williams Realty Augusta
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #541916
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.