639 Ware StThomsonGA30824
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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 Thomson at 639 Ware St, Thomson, GA, 30824 priced at $179,000 pairs $1,600/mo rent with $475/mo cash flow after a $876/mo payment. Total monthly income equals $1,600/mo, and annual cash flow comes to $5,697/yr on $59,339 invested. Return on cash invested is 29.51% in year one, and rental yield stands at 10.73% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. Five-year ROI measures 154.47% and total cumulative return in cash reaches $91,659. For financing, Ziffy Mortgage’s DSCR program evaluates $1,600/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30824, Thomson, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,563 (100%) |
| Owner Occupied HU | 4,491 (59.4%) |
| Renter Occupied HU | 2,394 (31.7%) |
| Vacant Housing Units | 678 ( 9.0%) |
| Median Home Value | $183,383 |
| Average Home Value | $229,915 |
Housing Distribution
Address Breakdown
Residential
7,158
Single Family
7,023
Multi-Family
135
Businesses
694
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Listed by: Tina L Story • Coldwell Banker-Watson & Knox Real Estate
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #532227
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