763 Houston Lake DrEvansGA30809
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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 Evans at 763 Houston Lake Dr, Evans, GA, 30809 generates $3,148/mo in rent and, after a $2,178/mo payment, leaves $383/mo in cash flow. Total monthly income is $3,148/mo, and annual cash flow is $4,596/yr on $147,518 invested. Return on cash invested sits at 23.02% in year one, and rental yield is 8.49% on a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 119.56% and total cumulative return in cash sums $176,372. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,148/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.29 Acres lot
$N/A/sqft
$325 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
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Listed by: April Mcbride • David Greene Realty, Llc
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #537671
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.