711 Stone AveWaynesboroGA30830
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
Investment Highlights
Rental property for sale in Waynesboro at 711 Stone Ave, Waynesboro, GA, 30830 priced at $110,000 converts $846/mo rent into $177/mo cash flow after a $538/mo obligation. Total monthly income equals $846/mo, and annual cash flow totals $2,123/yr on $36,465 invested. Return on cash invested prints 25.73% in year one, and rental yield reads 9.23% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 133.94% and total cumulative return in cash sums $48,840. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $846/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1946
0.34 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jade Wolfe • EXP Realty, LLC
Mls Name: REALTORS of Greater Augusta
Mls ID: #532646