1030 Carriage Dr APT CAikenSC29803
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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 Aiken at 1030 Carriage Dr APT C, Aiken, SC, 29803 uses $36,134 cash to close to unlock $2,168/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $830/mo, and a $534/mo payment keeps the spread at $181/mo. Purchase price stands at $109,000, and rental yield measures 9.14% with $830/mo rent. Return on cash invested shows 25.91% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 134.73% and total cumulative return in cash records $48,682. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $830/mo property income covering a $534/mo payment rather than investor’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29803, Aiken, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,169 (100%) |
| Owner Occupied HU | 15,226 (75.5%) |
| Renter Occupied HU | 3,539 (17.5%) |
| Vacant Housing Units | 1,404 ( 7.0%) |
| Median Home Value | $318,457 |
| Average Home Value | $356,519 |
Housing Distribution
Address Breakdown
Residential
19,802
Single Family
19,123
Multi-Family
679
Businesses
904
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Listed by: Jacob M Klarman • Coldwell Banker Best Life Realty
Mls Name: Aiken MLS
Mls ID: #219018