104 Lark Ln, North Augusta, SC, 29860 | $385/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in North Augusta at 104 Lark Ln, North Augusta, SC, 29860 offers $2,076/mo rent that, after a $1,390/mo payment, leaves $385/mo cash flow. Total monthly income is $2,076/mo, and annual cash flow is $4,625/yr on $94,146 cash. Return on cash invested measures 24.82% in year one, and rental yield stands at 8.77% at a $284,000 entry. Equity gained on principal adds $1,833/yr while 5% annual appreciation compounds into $78,464 by year five. Five-year ROI records 128.91% and total cumulative return in cash reaches $121,361. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,076/mo property income versus a $1,390/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1979

0.86 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 29860, North Augusta, SC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,938 (100%)
Owner Occupied HU	6,309 (79.5%)
Renter Occupied HU	1,025 (12.9%)
Vacant Housing Units	604 ( 7.6%)
Median Home Value	$264,904
Average Home Value	$271,717