111 Lee St, North Augusta, SC, 29841 | $656/mo Cash Flow

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126 New Castle Ave, North Augusta, SC, 29841

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 111 Lee St, North Augusta, SC, 29841 priced at $214,900 pairs $1,967/mo rent with $656/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,967/mo, and annual cash flow comes to $7,868/yr on $71,239 invested. Return on cash invested is 30.95% in year one, and rental yield stands at 10.98% on a $214,900 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,373 by year five. Five-year ROI measures 161.97% and total cumulative return in cash reaches $115,386. For financing, Ziffy Mortgage’s DSCR program evaluates $1,967/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1963

0.35 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 29841, North Augusta, SC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,966 (100%)
Owner Occupied HU	10,367 (64.9%)
Renter Occupied HU	4,266 (26.7%)
Vacant Housing Units	1,333 ( 8.3%)
Median Home Value	$214,024
Average Home Value	$274,435