1021 Colleton Ave SEAikenSC29801
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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 Aiken at 1021 Colleton Ave SE, Aiken, SC, 29801 generates $1,964/mo in rent, after a $2,031/mo payment. Total monthly income is $1,964/mo. Return on cash invested sits at 15.49% in year one, and rental yield is 5.68% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 78.86% and total cumulative return in cash sums $108,489. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,964/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29801, Aiken, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,006 (100%) |
| Owner Occupied HU | 8,411 (60.1%) |
| Renter Occupied HU | 3,908 (27.9%) |
| Vacant Housing Units | 1,687 (12.0%) |
| Median Home Value | $213,781 |
| Average Home Value | $272,151 |
Housing Distribution
Address Breakdown
Residential
12,717
Single Family
12,341
Multi-Family
376
Businesses
1,055
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Listed by: Samantha Renee Bryant • Real Broker LLC/Aiken
Mls Name: Aiken MLS
Mls ID: #220299