936 Broad St UNIT 416AugustaGA30909
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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 936 Broad St UNIT 416, Augusta, GA, 30909 earns from $1,397/mo rent with a $1,224/mo payment. Total monthly income totals $1,397/mo. ROI tracks 12% on current figures, and rental yield reads 6.71% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 62.59% and total cumulative return in cash sums $51,874. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,397/mo property income instead of your personal income.
Condo
Built in 2008
871.20 sqft lot
$N/A/sqft
$5,052 annually 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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Listed by: Sheila Griffin • Blanchard & Calhoun - Evans
Mls Name: REALTORS of Greater Augusta
Mls Provider:
Mls ID: #538188
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.