818 Walnut StLouisvilleGA30434
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 818 Walnut St, Louisville, GA, 30434 in Louisville hard to pass up. The 12.2% gross yield on a $177,000 purchase results in $1,800/mo in rent and $723/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.26). Annual cash flow of $8,673, five-year appreciation of $48,902, and $1,630/yr in equity build-up combine for a projected total cumulative return of $113,598.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 7.0% |
| Monthly Cash Flow | $723 | $400 |
City averages based on Louisville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $1,007 |
| DSCR Ratio | 1.79x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30434, Louisville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,344 (100%) |
| Owner Occupied HU | 1,352 (57.7%) |
| Renter Occupied HU | 673 (28.7%) |
| Vacant Housing Units | 319 (13.6%) |
| Median Home Value | $121,164 |
| Average Home Value | $170,133 |
Housing Distribution
Address Breakdown
Residential
1,855
Single Family
1,831
Multi-Family
24
Businesses
217
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
Single Family
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30434, Louisville, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,344 (100%) |
| Owner Occupied HU | 1,352 (57.7%) |
| Renter Occupied HU | 673 (28.7%) |
| Vacant Housing Units | 319 (13.6%) |
| Median Home Value | $121,164 |
| Average Home Value | $170,133 |
Housing Distribution
Address Breakdown
Residential
1,855
Single Family
1,831
Multi-Family
24
Businesses
217
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Thompson • Blanchard & Calhoun
Mls Name: REALTORS of Greater Augusta
Mls ID: #546080