608 Aumond RdAugustaGA30909
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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 608 Aumond Rd, Augusta, GA, 30909 uses $92,787 cash to close to unlock $3,713/yr annual cash flow and $309/mo monthly cash flow. Total monthly income runs $2,013/mo, and a $1,370/mo payment keeps the spread at $309/mo. Purchase price stands at $279,900, and rental yield measures 8.63% with $2,013/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 124.18% and total cumulative return in cash records $115,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,013/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30909, Augusta, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,222 (100%) |
| Owner Occupied HU | 10,138 (38.7%) |
| Renter Occupied HU | 13,522 (51.6%) |
| Vacant Housing Units | 2,562 ( 9.8%) |
| Median Home Value | $286,399 |
| Average Home Value | $306,999 |
Housing Distribution
Address Breakdown
Residential
25,614
Single Family
21,776
Multi-Family
3,838
Businesses
1,811
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