106 Bay Meadows Dr SWAikenSC29803
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 106 Bay Meadows Dr SW, Aiken, SC, 29803 in Aiken speaks for itself: 11.2% gross on a $234,900 price, generating $2,192/mo in rent and $767/mo in net income after the $1,056/mo debt service. DSCR 2.08, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,208 stacks alongside $64,899 in projected five-year appreciation and $2,163/yr in principal reduction. Projected total cumulative return: $138,323.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 4.8% |
| Monthly Cash Flow | $767 | $385 |
City averages based on Aiken market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,192 |
| Total Monthly Debt Service | $1,332 |
| DSCR Ratio | 1.65x |
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 2008
7,840 sqft lot
$N/A/sqft
$321 annually 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
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 2008
7,840 sqft lot
$N/A/sqft
$321 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cathy Brennan • Meybohm Real Estate - Aiken
Mls Name: Aiken MLS
Mls Provider:
Mls ID: #217424
Disclaimer: Copyright Aiken Association of Realtors and MLS. All rights reserved. Information is deemed reliable but not guaranteed.