5602 Washington RdApplingGA30802
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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
Rental property for sale in Appling at 5602 Washington Rd, Appling, GA, 30802 priced at $279,900 converts $3,474/mo rent into $1,770/mo cash flow after a $1,370/mo obligation. Total monthly income equals $3,474/mo, and annual cash flow totals $21,245/yr on $92,787 invested. Return on cash invested prints 42.81% in year one, and rental yield reads 14.89% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 225.51% and total cumulative return in cash sums $209,245. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,474/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1960
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30802, Appling, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,968 (100%) |
| Owner Occupied HU | 2,279 (76.8%) |
| Renter Occupied HU | 269 ( 9.1%) |
| Vacant Housing Units | 420 (14.2%) |
| Median Home Value | $452,608 |
| Average Home Value | $479,122 |
Housing Distribution
Address Breakdown
Residential
2,740
Single Family
2,737
Multi-Family
3
Businesses
182
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Listed by: Christine May • Leading Edge Real Estate
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #536608
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.